Green finance refers to financial investments or activities that are aimed at supporting environmental sustainability and addressing climate change. This includes funding for projects that promote renewable energy, energy efficiency, pollution reduction, and sustainable agriculture. Green finance can take various forms, including green bonds, loans, and investment funds specifically designed to generate environmental benefits alongside financial returns. The overarching goal of green finance is to align financial systems with sustainable development principles, thereby facilitating the transition to a low-carbon economy. It plays a critical role in mobilizing capital for environmentally friendly initiatives, helping to mitigate the impacts of climate change and promote resilience in ecosystems and communities.
Empowering financial institutions to adopt sustainable practices is crucial for driving meaningful change in environmental stewardship. The pathway to a greener future lies in embedding sustainability within the core operations…