Green Finance: A comprehensive overview
Green finance is essential for sustainable and cleaner economic growth by incorporating environmental benefits.It helps achieve a low or zero-carbon economy.Both public and private sector organizations contribute significantly to green finance.India needs a national green financial strategy for sustainable development.This study examines various green financing initiatives in India over the past few years.It also highlights the challenges faced by organizations in the green finance sector.The study is both descriptive and analytical in nature.It relies entirely on secondary data sources.Data is collected from government websites and annual reports.Green finance plays a crucial role in mitigating climate change.It supports eco-friendly investments and sustainable projects.Public and private funding is necessary for green economic transformation.Challenges include regulatory hurdles and financial constraints.Awareness and policy support are crucial for green finance growth.India's green finance sector is evolving with ongoing initiatives.More research is needed to strengthen the sector further.
Authors
- Dikshita Saha
Publication Details
- Journal
- International Journal for Research Trends and Innovation
- Published
- 2025-01-01
- DOI
- https://doi.org/10.56975/ijrti.v10i3.201172
- Primary Topic
- Energy, Environment, Economic Growth
- Type
- article
- Field-Weighted Citation Impact
- 0.00