Growth with Green Finance:A Required Foundation for Sustainability

Abstract

Sustainable development is inclusive development since the poor and the disadvantaged have to bear the scathing burden of unsustainable development. Sustainable, resilient pathways to economic growth are important aspects for developing countries. This paper explores the vital issues concerning green finance and how finance can take account of what is to be sustained and what is to be developed. This paper looks at green finance through green finance pathways, green finance initiatives and green finance in India to make that crucial shift towards an environment-sensitive finance for economic growth. The paper concludes with suggestions and recommendations for progressing towards environmental sustainability through increasing green investment since there is a vast shortfall in required investment and sustainability targets of nations.