Green finance and sustainable development in India: current status and challenges beyond the COVID-19 period

Research output: Chapter in Book/Report/Conference proceedingChapter (Book)Researchpeer-review

Abstract

A sustainable development pathway requires a significant shift in investments away from greenhouse gases, fossil fuels, and natural-resource-intensive industries and toward more renewable sources, as well as changes in business models. The financial sector will play a greater role in this movement toward sustainable, green growth. This chapter provides an overview of the need for green finance and the role of financial governance. It reviews the state of green lending and investment in India and provides an overview of the country’s green financial governance initiatives. We recommend that continued market innovations and financial assistance are necessary for achieving sustainable development.
Original languageEnglish
Title of host publicationGreen Finance and Sustainable Development Goals
EditorsSabri Boubaker, Thai-Ha Le
Place of PublicationLondon UK
PublisherWorld Scientific Publishing
Chapter2
Pages31-56
Number of pages26
Edition1st
ISBN (Electronic)9781800614482, 9781800614499
ISBN (Print)9781800614475
DOIs
Publication statusPublished - 2024

Publication series

NameTransformations in Banking, Finance and Regulation
Volume12
ISSN (Print)2752-5821
ISSN (Electronic)2752-583X

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