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Green Finance: An Integral Pathway to Achieving Sustainable Development

Green Finance: An Integral Pathway to Achieving Sustainable Development
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Author(s): Vikas Sharma (Chandigarh University, India), Sanjay Taneja (Graphic Era University (Deemed), India), Kshitiz Jangir (Manipal University, India)and Kirti Khanna (MRIIRS, India)
Copyright: 2024
Pages: 15
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.ch003


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Amidst rapid computerized progression, the universal economy faces three significant encounters: environmental variation, energy restraints, and financial crises. The pursuit of pecuniary progress often comes at the disbursement of environmental degradation. Green finance is a promising solution to strike a harmonious balance between the economy and nature. This chapter delves into a comprehensive exploration of existing literature on green finance while shedding light on the future potential of green finance in India. By promoting and investing in environmentally conscious projects, green finance is key to fostering sustainable development while addressing pressing ecological concerns. It is a beacon of hope, guiding the path toward a greener and more resilient global economy.

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