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

The Potential of Green Finance in Promoting Sustainable Development: A Theoretical Approach
Author(s):
DR. G. K. CHAVHAN, DR. S. R. PAGARE
Keywords:
Environment; Green finance; Green building; Green projects; Renewable energy
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.
Article Details
Unique Paper ID: 163165 Publication Volume & Issue: Volume 10, Issue 11 Page(s): 814 - 821
Article Preview & Download

Share This Article

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024

Last Date: 15th March 2024

IJIRT.org enables door in research by providing high quality research articles in open access market.

Send us any query related to your research on editor@ijirt.org