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Accelerating green finance for a sustainable future

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  • Mishra, Mukesh Kumar

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.

Suggested Citation

  • Mishra, Mukesh Kumar, 2024. "Accelerating green finance for a sustainable future," EconStor Preprints 294878, ZBW - Leibniz Information Centre for Economics.
  • Handle: RePEc:zbw:esprep:294878
    DOI: 10.13140/RG.2.2.32497.70248
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    Keywords

    Green Finance; Environmental Economics;

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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