Green Finance

Green Finance was brought to limelight to pledge sustainable development projects in the field of finance. It associates finance and businesses with environmental growth and projects that induce sustainable evolution. Green Finance is overlooked differently depending on the stakeholders, it may indicate to financial incentives, an aspiration to preserve the globe or a blend of both. It focuses on avoiding the promotion of financial events or business that could be destructive for the environment now or is forthcoming.

Any financial tools or investments comprising of debt, equity, grants, sales and purchase of risk management tools like insurance product or article of trade, investment assurance, credit or interest rate derivative issued underneath-agreement to a project or agency, organisation- public or private, individuals in altercation for the delivery of positive environmental externals that are real, verified and additional to business.As Financial sector plays an important role in every business through its transitional functions and risk management in progressing justifiable economic growth while guiding investments to the actual economy, the twist of these two is critical.

The global financial crisis of 2006-2009 conveyed a moral, the need to work on global warming and for healthier sustainable business exercises. This movement also initiates Sustainable Development Goals (SDG’s) 2030, an agenda that emphasizes the shift of light from shareholders’ value construction to creating shareholders’ value. Green Finance signifies future of the financial sector by means of ground-breaking financial instruments and by backing it up with the investments in schemes with optimistic and sustainable proficiency.

Thank you

Regards

Author - Shubhangi Choudhari
Kautilya
IBS Mumbai