Green Finance: Bridging Economic Growth and Environmental Responsibility

Vol-4 | Issue-02 | February 2019 | Published Online: 20 February 2019 PDF
Author(s)
Siddharajsinh V. Rana 1

1Assistant Professor, TMES, Institute of Business Management & Computer Studies, Gujarat Technological University, Ahmedabad, Gujarat, India

Abstract

Green finance is an emerging financial paradigm integrating environmental sustainability with economic development. It encompasses investment in sustainable projects, green bonds, and policies aimed at reducing carbon footprints while promoting economic stability. This paper explores the significance of green finance in bridging economic growth with environmental responsibility, tracing its historical evolution and core concepts. The paper highlights how green finance fosters sustainable progress without compromising financial stability by analysing policies, financial instruments, and global initiatives.

Keywords
Green Finance, Sustainable Development, Green Bonds, ESG Investing, Climate Finance, Carbon Footprint, Environmental Sustainability
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