Launch of the joint EU/OECD-INFE Financial Competence Framework for Children and Youth in the European Union

The European Commission and the OECD International Network on Financial Education (INFE) hosted a hybrid event to launch the joint Financial Competence Framework for Children and Youth in the European Union.

This framework follows the publication of the EU/OECD-INFE Financial Competence Framework for Adults in January 2022.

The objective of the framework is to establish a shared understanding of the essential financial literacy skills for children and teenagers at different stages of their lives to enable them take well-informed personal finance decisions immediately and later in life. The framework can support the development of financial literacy policies, programmes and teaching material by public, private and not-for-profit stakeholders.

The event served as a platform for young people, policy makers, educators and academics to exchange views on the relevance of the framework and of financial literacy more broadly. It explored ways in which the framework could be used at national level.

Programme

Keynote speakers included:

• Mairead McGuinness, Commissioner for Financial Stability, Financial Services and Capital Markets Union, and
• Yoshiki Takeuchi, OECD Deputy Secretary-General.

A panel discussion focussed on the future of the framework moderated by Carmine Di Noia, Director for Financial and Enterprise Affairs, OECD. Panellists included: 

• Annamaria Lusardi, University Professor of Economics and Accountancy at the George Washington University School of Business (GWSB)
• Manuel Bordoy, Deputy Secretary-General, Office of the Secretary General of the European Schools
• Beata Stelmach, Czepczyński Family Foundation, Advisor to the Board; Former Undersecretary of State at Ministry of Foreign Affairs, Chair of the Supervisory Board at Polish Association of Listed Companies

The event recording is available here.

CONTACT

secretariatinfe@oecd.org