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 language | English |
|---|---|
| Title of host publication | Green Finance and Sustainable Development Goals |
| Editors | Sabri Boubaker, Thai-Ha Le |
| Place of Publication | London UK |
| Publisher | World Scientific Publishing |
| Chapter | 2 |
| Pages | 31-56 |
| Number of pages | 26 |
| Edition | 1st |
| ISBN (Electronic) | 9781800614482, 9781800614499 |
| ISBN (Print) | 9781800614475 |
| DOIs | |
| Publication status | Published - 2024 |
Publication series
| Name | Transformations in Banking, Finance and Regulation |
|---|---|
| Volume | 12 |
| ISSN (Print) | 2752-5821 |
| ISSN (Electronic) | 2752-583X |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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