Green Finance
Green Finance: Driving Sustainable Economic Growth Introduction to Green Finance Definition of Green Finance Green finance refers to financial investments and initiatives that support sustainable development, environmental protection, and climate change mitigation. It encompasses a broad range of activities, from funding renewable energy projects to issuing green bonds and aligning economic goals with environmental objectives. Importance of Green Finance in Today's Economy In a world grappling with climate crises, green finance has become a cornerstone of sustainable economic development. By directing funds toward eco-friendly initiatives, it plays a critical role in reducing carbon footprints, conserving resources, and fostering innovation in green technologies. Historical Development of Green Finance The roots of green finance can be traced back to environmental movements in the 20th century. Over the decades, it has evolved through global climate agreements like ...