Learning outcomes: LO5: Identify the areas where the current financial system is

Learning outcomes:
LO5: Identify the areas where the current financial system is not fit for purpose.
LO6: Explain the impact of the current financial system on business, society, and the environment.
LO7: Discuss the growing VUCA threats facing the current global economic system.
ANSWER 2 QUESTIONS in detail as guided by the rubric.
Q1 (250 words max):
Question 1
Consider the failings of the financial system covered in this module with regard to sufficient capital flow toward sustainable finance to fulfill ESG and clean economy transition. To your knowledge, what is the most critical area in which the financial system is failing? Include the following in your answer:
• Describe the financial system failure you believe is the most pressing to address, and why.
• Outline the potential long-term impacts of this failure on business, society, and the environment.
Rubric: The response skilfully describes a relevant financial system failure and provides a compelling argument for selecting it. The explanation shows a nuanced understanding of the finance sector, its current failings, and the systemic and pressing nature of the selected failure. (10)
The response succinctly outlines the long-term impacts of the identified financial system failure on business, society and the environment. The specific impacts are compellingly illustrated and evidenced using examples, facts, and figures. The response shows a deep understanding of the interconnected nature of these impacts. (10)
Q2 (150 words max):
A VUCA (volatile, uncertain complex, ambiguous) world characterized by constant change threatens the long-term stability of the global economy. What do you consider to be the biggest VUCA threat facing the current global economy? Explain why your chosen threat will have the greatest impact on the global economic system and how this threat might change over time.
Rubric:
The response skilfully identifies a VUCA threat and fully explains why this will have the biggest impact on the global economy and how the threat might change over time, describing the impact on global economic stability. The response is nuanced and evidence-based, using examples. (10)
The answers are expertly formulated and structured into a compelling narrative that succinctly highlights key points.
Within the word limit.
Evidence of engagement with course materials as well as independent research is clearly articulated with strong references, practical examples and relevant data seamlessly integrated to support statements throughout. (5)