SUSTAINABLE FINANCE: A DRIVING FORCE FOR THE SUTAINABLE DEVELOPMENT OF INDIAN ECONOMY

  • Unique Paper ID: 187139
  • PageNo: 5864-5868
  • Abstract:
  • Sustainable finance has gained substantial consideration as a critical tool for fostering long-term economic growth, especially in emerging economies like India. By integrating Environmental, Social, and Governance (ESG) factors into business and investment strategies, to accelerate the transition of the financial industry toward environmentally responsible practices, supporting India’s shift to a sustainable energy future. This includes addressing climate change through mitigation and adaptation, promoting biodiversity, reducing pollution, and advancing the circular economy. Social factors such as human rights, inequality, labor relations, and community investments, governance considerations, including management reforms, employee relations, and executive compensation, ensure the integration of social and environmental concerns into decision-making processes. Sustainable finance, therefore, is not just about financial returns but about creating long-term value for society and the environment. The paper seeks to explore the progress of sustainable finance in driving India’s economic development and the steps taken by the government to establish a sustainable finance ecosystem. Ultimately, offers a strategic pathway to harmonize economic growth with environmental preservation and social well-being, contributing to the achievement of the Sustainable Development Goals (SDGs).

Copyright & License

Copyright © 2026 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{187139,
        author = {Mr. Basavaraj Prabhu},
        title = {SUSTAINABLE FINANCE: A DRIVING FORCE FOR THE SUTAINABLE DEVELOPMENT OF INDIAN ECONOMY},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {6},
        pages = {5864-5868},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=187139},
        abstract = {Sustainable finance has gained substantial consideration as a critical tool for fostering long-term economic growth, especially in emerging economies like India. By integrating Environmental, Social, and Governance (ESG) factors into business and investment strategies, to accelerate the transition of the financial industry toward environmentally responsible practices, supporting India’s shift to a sustainable energy future. This includes addressing climate change through mitigation and adaptation, promoting biodiversity, reducing pollution, and advancing the circular economy. Social factors such as human rights, inequality, labor relations, and community investments, governance considerations, including management reforms, employee relations, and executive compensation, ensure the integration of social and environmental concerns into decision-making processes. Sustainable finance, therefore, is not just about financial returns but about creating long-term value for society and the environment. The paper seeks to explore the progress of sustainable finance in driving India’s economic development and the steps taken by the government to establish a sustainable finance ecosystem. Ultimately, offers a strategic pathway to harmonize economic growth with environmental preservation and social well-being, contributing to the achievement of the Sustainable Development Goals (SDGs).},
        keywords = {In-corporation, Governance, Accelerate, Economic, Preservation},
        month = {November},
        }

Cite This Article

Prabhu, M. B. (2025). SUSTAINABLE FINANCE: A DRIVING FORCE FOR THE SUTAINABLE DEVELOPMENT OF INDIAN ECONOMY. International Journal of Innovative Research in Technology (IJIRT). https://doi.org/doi.org/10.64643/IJIRTV12I6-187139-459

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