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@article{189546,
        author = {SACHIN G RAUT and Dr Nitin Y Patil},
        title = {Advanced Green Finance: Driving Innovation and Transforming Investment for a Sustainable Economy – A Literature Survey},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {7},
        pages = {7677-7680},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=189546},
        abstract = {The imperative to address climate change and environmental degradation has catalysed the evolution of green finance from a niche ethical concern into a mainstream economic paradigm. This literature survey examines the emergence of "Advanced Green Finance" (AGF), a term denoting the sophisticated integration of financial innovation, technology, and systemic thinking to mobilise capital at scale for a sustainable economy. Moving beyond basic green bonds, AGF encompasses a dynamic ecosystem of instruments, strategies, and frameworks designed to price externalities, mitigate risks, and unlock opportunities in the transition. This paper synthesises contemporary academic and grey literature to explore key pillars of AGF: innovative financial instruments (e.g., sustainability-linked bonds, transition finance), enabling technologies (AI, blockchain, IoT), and transformative investment philosophies (integrated ESG, impact investing, double materiality). It analyses the role of AGF in de-risking sustainable projects, channelling capital towards systemic solutions, and embedding sustainability into the core of financial decision-making. The survey also identifies critical challenges, including data gaps, greenwashing risks, regulatory fragmentation, and the need for just transition frameworks. Concluding with future research directions, this review posits that AGF is not merely a financial toolkit but a foundational driver for re-engineering economic systems towards resilience and inclusivity.},
        keywords = {},
        month = {January},
        }