Green Finance for Sustainable Development- study on the Indian context
Keywords:Green, Finance, sustainable, development Etc.
Rapid economic growth is usually achieved at the expense of the environment. Declining natural resources, degraded environment, and massive pollution are detrimental to public health and challenge sustainable economic growth. In order to protect and significantly improve the environment, nations around the world are increasingly focusing on the use of environmentally friendly technologies. Green finance is an emerging concept in the field of finance. Financing for sustainable development and limiting public financing to mitigate the effects of climate change have given the private sector its importance. Green finance, which is private finance capital, represents financial support for sustainable development. The present study, through secondary information, seeks to discuss the need, limitations, and government initiatives for green finance. The purpose of this paper is to make private investors aware of their sustainability role.