Accelerating green finance for a sustainable future

Mukesh Kumar Mishra

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: India's goal of net-zero emissions by 2070 is a significant step towards addressing climate change. Green financing, a practice directing financial resources from sectors like banking, micro-credit, insurance, and investment towards projects with positive environmental and social impacts, is crucial for achieving this goal. It aligns financial flows with environmental protection, social well-being, and long-term sustainability. SEBI's efforts on green bond principles support environmentally friendly projects, mitigating climate change, and promoting social well-being. Collaboration between governments, financial institutions, investors, businesses, and civil society is essential for driving positive change.

Keywords: Green Finance; Environmental Economics (search for similar items in EconPapers)
JEL-codes: G23 G28 Q56 Q58 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-ene, nep-env and nep-ppm
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:294878

DOI: 10.13140/RG.2.2.32497.70248

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