Green finance for sustainable green economic growth in India
By P. Soundarrajan, N. Vivek. 2016
250 citations recorded by the source corpus.
Green fi nance is a core part of the low carbon green growth, because it connects the fi nancial industry, environmental improvement an d economic growth. Th e objective of this paper is to study the green fi nance and to validate the concept as feasible in the Indian industries for balancing the ecological depreciation due to the assimilation of carbon gases in atmosphere. Green Finance is a market-based investing or lending program that factors environmental impact into risk assessment, or utilizing environmental incentives to drive business decisions. Th erefore, the paper also discusses the recent trends and the future opportunities and challenges in green fi nance in the emerging India. Green investing recognizes the value of the environment and its natural capital and also seeks to improve the human well-being and social equity while reducing environmental risks and improving the ecological integrity.
Subfields: Economics and Econometrics, Marketing, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/7726154d61d5a1b62da0058c865ac2783d0e1897
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
In Strategy and Management
Citations in the corpus
- Examining the Coordination Between Green Finance and Green Economy Aiming for Sustainable Development: A Case Study of China (2020, background): “First, it connects financial development, economic growth, and environmental improvement [30].”
- A review of studies on green finance of banks, research gaps and future directions (2021, background): “From the country level, the results indicate that banks in India and China have employed green bancassurance to provide economic incentives to policyholders at an affordable cost (Soundarrajan and Vivek 2016; Zhou and Huang 2016) and to reduce carbon-emissions (Mills 2012).”
- The Effect of Green Finance on Energy Sustainable Development: A Case Study in China (2019, background): “Soundarrajan and Vivek (2016) validated the feasibility of green finance in the Indian industry and discussed recent trends and future opportunities and challenges in India’s green finance development.”