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Green Finance 2.0: Pioneering Pathways for Sustainable Development and Health Through Future Trends and Innovations

Green Finance 2.0: Pioneering Pathways for Sustainable Development and Health Through Future Trends and Innovations
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Author(s): Jaspreet Kaur (Chandigarh University, India)
Copyright: 2024
Pages: 26
Source title: Sustainable Investments in Green Finance
Source Author(s)/Editor(s): Sanjay Taneja (Graphic Era University (Deemed), India), Pawan Kumar (Chandigarh University, India), Simon Grima (Department of Insurance, Faculty of Economics Management and Accountancy, University of Malta, Msida, Malta & Faculty of Business, Management and Economics, University of Latvia, Riga, Latvia), Ercan Ozen (Usak University, Turkey)and Kiran Sood (Chitkara Business School, Chitkara University, India & Research Fellow at the Women Researchers Council (WRC) at Azerbaijan State University of Economics (UNEC), Azerbaijan)
DOI: 10.4018/979-8-3693-1388-6.ch020

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Abstract

The need for the global community to address important issues including climate change, biodiversity loss, and public health concerns is growing. The idea of ‘green finance 2.0' has evolved as a potent paradigm for lining up financial systems with sustainable development and health outcomes in response to these linked problems. This chapter examines the rapidly changing field of green finance, highlighting significant developments and trends that are laying the foundation for a more sustainable and healthy future. By extending its scope and ambition, green finance 2.0 builds upon the guiding principles of the first version. It recognises the need for a comprehensive strategy for sustainability and includes a wider range of environmental, social, and governance (ESG) factors.

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