Green Finance: A Future Fortune for Green Growth of Industries Across the Globe

Abstract

This research paper majorly deals with the new advanced financial concept called Green financing, which is serving as one of the major means to achieve economic stability along with the overall sustainable growth. Due to the increasing negative impact of globalisation on environment, it has become a necessity rather than an option for the industries across the globe to achieve an overall green growth by adopting various green initiatives that allows them to achieve a climate resilient future through both environmentalism and capitalism simultaneously. Currently being a niche concept, this research paper shows the role and importance of Green financing in not just one industry but for all other industries, which can adopt this concept in one or the other way for attaining an overall green growth. This research paper concludes by giving meaningful suggestions for acknowledging the importance of this concept on a wider perspective.