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.

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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