Concept: Green Finance
Related News: Hindu, July 2
CNA mentions: (July 2)
The terms ‘green finance’, ‘sustainable finance’, ‘climate finance’ are implicitly known as an eclipsing territory of matters on environmental, social, economic and governance. The moment green finance turns explicit, the financial sector would be contented for backing the ‘green initiatives’.
Green Finance is a term which refers to financial investments for those projects that support sustainable development.Green investments include investments in biodiversity protection ,water sanitation,industrial pollution control,energy efficiency,climate change adaptation,renewable energies,etc.Green finance comprises of financing of public green policies,etc.
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