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@article{187850,
author = {Kodirekka Saritha and Lalisetti Ganesh and A. Suresh},
title = {Sustainable Finance in the Era of Renewable Energy: Insights from Green Bond Research},
journal = {International Journal of Innovative Research in Technology},
year = {2025},
volume = {12},
number = {6},
pages = {7438-7443},
issn = {2349-6002},
url = {https://ijirt.org/article?manuscript=187850},
abstract = {The transition toward a low-carbon global economy has strengthened the relevance of sustainable finance, with green bonds becoming a key instrument for channeling capital into renewable energy initiatives. This review synthesizes findings from 27 scholarly works to explain how green bonds have evolved, how they support renewable energy infrastructure, and what challenges persist within the sustainable finance ecosystem. The paper highlights the benefits of green bonds—such as enhanced transparency, investor confidence, and stronger ESG integration—while also noting concerns related to regulatory fragmentation, greenwashing, and reporting inconsistencies. Emerging innovations, including sustainability-linked bonds, digital monitoring tools, and green derivatives, are also examined. The review concludes with suggestions for future research and policy directions for strengthening green bond markets globally.},
keywords = {Sustainable finance, green bonds, Renewable energy, ESG integration, Market development, Greenwashing},
month = {December},
}
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