Banca de DEFESA: NICOLE SILVA BICALHO RODRIGUES

INFLUENCE OF THE UN SUSTAINABLE DEVELOPMENT GOALS ON THE FINANCIAL LITERACY LEVEL OF THE POPULATION OF THE FEDERAL DISTRICT

Financial Literacy; ESG; Sustainable Development Goals; Determinants of the Sustainable Development Goals; Federal District. 

Financial literacy is a multifaceted concept that encompasses not only financial knowledge but also financial attitudes and behaviors. It is an essential element for economic and financial development, playing a crucial role for individuals engaged in financial markets, whether simple or complex. Due to its broad scope, financial literacy impacts not only individuals, the economy, and society but also sustainable development. In this context, financial literacy is closely linked to the United Nations' Sustainable Development Goals (SDGs). Therefore, this study aims to analyze the impact of the SDGs on the financial literacy level of the population in the Federal District, Brazil. To achieve this, sociodemographic variables were selected as determinants of SDGs 1, 4, 5, 8, and 10, based on their cause-andeffect relationships in the formulation of these goals. This selection is justified by the direct influence these variables have on shaping the chosen SDGs. To assess the cause-and-effect relationship between the SDGs and financial literacy, the Chi-Square statistical test was applied, considering financial literacy levels (low, intermediate, and high) as the dependent variable and sociodemographic factors as independent variables. The results demonstrated that the SDGs significantly influenced the financial literacy level of the Federal District's population. Regarding SDG 1 (No Poverty), individuals with employment and higher income levels showed greater financial literacy. For SDG 4 (Quality Education), higher educational attainment was associated with increased financial literacy, particularly among individuals with master's and doctoral degrees. Conversely, individuals with lower educational levels exhibited reduced financial literacy. Concerning SDG 5 (Gender Equality), the findings indicated that cisgender men have higher financial literacy levels compared to other respondents. In the case of SDG 8 (Decent Work and Economic Growth), employed individuals demonstrated higher financial literacy, with the type of occupation also playing a significant role. Finally, in SDG 10 (Reduced Inequalities), factors such as race, ethnicity, geographic location, employment, income, sex, and gender were found to significantly impact financial literacy levels in the Federal District. These findings contribute to the advancement of financial literacy research, incorporating the benefits of Environmental, Social, and Governance (ESG) factors and emphasizing the importance of financial literacy in improving decision-making. Lastly, this study reinforces the practical significance of the SDGs, as research aligned with the 2030 Agenda supports the achievement of its goals at various levels, empowering universities, schools, and individuals as key agents in building a more sustainable future.