The Role of Economics in Education for Sustainable Development; The Baltic States' Experience

Atstāja, Dzintra; Susniene, Rozita; Järvis, Marina

doi:10.20472/es.2017.6.2.001

Cited by 11 publications

(7 citation statements)

References 14 publications

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“…All this makes Latvia's case illustrative as a study for transition and developing economies with a low level of income and underdeveloped investment habits of the population in implementing a green strategy. Several studies have been conducted on this issue in Latvia by Lace, Ciemleja, Atstaja, Tambovceva, Mavlutova, Natrins, Spilbergs, Fomins and others [10][11][12][13][14]. Previously, the authors have emphasized the need for education and especially the development of a green mindset [15,16], but the opinion of the Latvian society towards ESG investments under the pandemic has not been studied yet.…”

Section: Introductionmentioning

confidence: 99%

Opportunities to Increase Financial Well-Being by Investing in Environmental, Social and Governance with Respect to Improving Financial Literacy under COVID-19: The Case of Latvia

et al. 2021

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The latest studies reveal that the COVID-19 pandemic has pushed investors in developed economies to focus more on the value attached to environmental and social responsibilities. Unfortunately, socially responsible investment and compliance with environmental, social and governance criteria are not given enough priority in Latvia at present. The purpose of the study is to investigate how the COVID-19 pandemic has influenced the willingness of Latvians to invest in assets that meet environmental, social and governance (ESG) criteria and factors influencing investors’ choice based on their financial literacy. Different views on sustainable investments, socially responsible investments and the relevance of environmental, social and governance criteria from private investors’ perspectives were analyzed to identify factors influencing investment decisions in favour of sustainable investments. Quantitative analysis was carried out to reveal the regularities between financial literacy, the willingness to invest to meet the ESG criteria and the level of education and income of the Latvian population, as well as their savings/investment experience. Such statistical methods as descriptive statistics and hypothesis testing were applied to perform an analysis of the results. The authors’ findings include the importance of sustainable investing to Latvian society, changes of attitude towards ESG investing in different private investors’ groups under the COVID-19 crisis, and the effects of these changes on the financial well-being of the population and, on the basis of these findings, have come to the conclusion that the willingness to invest in the assets that follow environmental, social and governance criteria depends on the level of education, savings/investment experience and income level.

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Section: Introductionmentioning

confidence: 99%

Opportunities to Increase Financial Well-Being by Investing in Environmental, Social and Governance with Respect to Improving Financial Literacy under COVID-19: The Case of Latvia

et al. 2021

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“…Environmental education involves the transmission of environmental knowledge and cognitive and emotional values that encourage people to change their attitudes toward the environment and to foster good environmental behavior [46]. Education for sustainable development enables everyone to acquire the knowledge, values, and skills needed to make individual or collective decisions to improve the quality of life now, without compromising the needs of future generations [47].…”

Section: The Significance Of Educationmentioning

confidence: 99%

The Influence of Values and the Social Environment on the Environmental Attitudes of Students: The Case of Lithuania

2021

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The aim of this study was to analyze the influence of values and social environmental factors on the pro-environmental attitudes of students. A representative survey of 1161 Lithuanian schoolchildren was conducted between October and November 2020. Health was the most important value for students, and for girls, while healthcare was more important for boys. Among the ecological values, unpolluted food, clean air, and fresh water were the most important. For Lithuanian students, school does not play a decisive role in outdoor behavior compared to family, which plays a more important role in outdoor behavior, and friends are the most important influencers of outdoor behavior. Students in Lithuania have a pro-ecological outlook, which is shaped by their interest in and practice of ecology. Students of ECO schools are more responsible than students of regular schools, although they have less pro-environmental attitudes compared to students of regular schools.

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“…This is demonstrated by Klavins et al [14] with an example of the curriculum of the study subject "Environment and sustainable development in the Baltic Sea region", containing integrated themes of the environment, economics, sustainable development, interaction of the economy and the environment, environmental impacts, the environment as specific capital, environmental economy and market mechanism, competition, market failures, externalities, pollution reduction methods, environmental economic value, common economic value and methods of economic environmental assessment, cost-benefit analysis, discounting, insurable risks, environmental policy, financing and implementation of environmental projects, searching for environmental protection and economic growth balance. Gradually, a stage was reached where, according to the authors, after the first phase of the "greening" of the study plans and efforts to integrate sustainable development into study programmes, the approaches of higher education institutions in the Baltic States can be characterised as education for sustainable development [15]. While the environmental dimension is stressed, holistic and interdisciplinary approaches are often missing.…”

Section: Ethical Commitmentmentioning

confidence: 99%

Environmental Education in the Preparation of Students of Tourism and Finance and Management in the Czech Republic

et al. 2020

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Higher education includes space for creating cross-cutting competence profiles of future professionals aimed at addressing key sustainability challenges in increasingly complex and global contexts. The research seeks to identify and evaluate the level of engagement in environmental education in study programmes at a career-oriented higher education institution in the Czech Republic. The research sample consisted of 3680 students of the Tourism and Finance and Management study programmes of the College of Polytechnics Jihlava, who participated in work placements in the course of their studies. An educational analysis was applied for qualitative research and evaluation of the level of implementation of the environmental educational component. Quantitative research was based on a questionnaire method, with tests to verify hypotheses being performed at a significance level of 5%. It was proven that the inclusion of an environmental component was influenced by the study programme. This influence was confirmed for the Tourism study programme, while for Finance and Management it was not verified. The environmental component in the Tourism study programme is developed through work placements; however, with regards to major study subjects taught, qualitative research analysing the inclusion of environmental aspects in these subjects proved the opposite. The Finance and Management study programme does not currently use the potential for environmental education development. The research revealed certain drawbacks and uncovered the potential to streamline environmental education at the career-oriented higher education institution.

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The Role of Economics in Education for Sustainable Development; The Baltic States' Experience

Abstract: Abstract:There are often no easy answers to economics, environmental

Cited by 11 publications

References 14 publications

Opportunities to Increase Financial Well-Being by Investing in Environmental, Social and Governance with Respect to Improving Financial Literacy under COVID-19: The Case of Latvia

Opportunities to Increase Financial Well-Being by Investing in Environmental, Social and Governance with Respect to Improving Financial Literacy under COVID-19: The Case of Latvia

The Influence of Values and the Social Environment on the Environmental Attitudes of Students: The Case of Lithuania

Environmental Education in the Preparation of Students of Tourism and Finance and Management in the Czech Republic

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