The Potential of Green Finance in Promoting Sustainable Development: A Theoretical Approach

  • Unique Paper ID: 163165
  • Volume: 10
  • Issue: 11
  • PageNo: 814-821
  • Abstract:
  • Green finance is a solution to balance economic growth and environmental sustainability. It can reduce the negative impacts of economic growth on the environment by supporting sustainable development and reducing greenhouse gas emissions and air pollution. Green finance can be used in various sectors, such as agriculture, green buildings, and green security. It promotes sustainable practices and invests in green projects, such as supporting farmers who adopt sustainable farming practices and developing energy-efficient buildings that reduce energy consumption and carbon emissions. In India, green finance adoption has been slow, but its importance is increasingly recognized. This paper explores the existing literature on green finance and its potential for promoting sustainable development in India. By examining current trends, this paper aims to provide insights into how green finance can be used to address the challenges facing the Indian economy and promote a more sustainable future.

Copyright & License

Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{163165,
        author = {DR. G. K. CHAVHAN and DR. S. R. PAGARE},
        title = {The Potential of Green Finance in Promoting Sustainable Development: A Theoretical Approach},
        journal = {International Journal of Innovative Research in Technology},
        year = {},
        volume = {10},
        number = {11},
        pages = {814-821},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=163165},
        abstract = {Green finance is a solution to balance economic growth and environmental sustainability. It can reduce the negative impacts of economic growth on the environment by supporting sustainable development and reducing greenhouse gas emissions and air pollution. Green finance can be used in various sectors, such as agriculture, green buildings, and green security. It promotes sustainable practices and invests in green projects, such as supporting farmers who adopt sustainable farming practices and developing energy-efficient buildings that reduce energy consumption and carbon emissions. In India, green finance adoption has been slow, but its importance is increasingly recognized. This paper explores the existing literature on green finance and its potential for promoting sustainable development in India. By examining current trends, this paper aims to provide insights into how green finance can be used to address the challenges facing the Indian economy and promote a more sustainable future.},
        keywords = {Environment; Green finance; Green building; Green projects; Renewable energy},
        month = {},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 10
  • Issue: 11
  • PageNo: 814-821

The Potential of Green Finance in Promoting Sustainable Development: A Theoretical Approach

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