MATEC Web of Conferences (Jan 2024)

Financing a Greener Future: Analyzing the Integral Role of Green Finance in Environmental Protection

  • Ganesh Lalisetti,
  • Kusuma Sridevi,
  • Radhakumari D.,
  • Krishna P.V.V.S.S.R.,
  • Pushkarna Gaurav

DOI
https://doi.org/10.1051/matecconf/202439201046
Journal volume & issue
Vol. 392
p. 01046

Abstract

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In order to integrate environmental preservation with economic rewards, a new financial pattern known as "green finance" has emerged. This pattern places an emphasis on the words "green" and "finance," both of which are politically charged topics. The purpose of this article is to investigate the current state of green finance in the banking sector and to identify certain deficiencies in the current system. Dedicated to The development of market mechanisms and the design of policies are both receiving attention. By drawing attention to the inherent inconsistencies that exist between green finance and environmental protection, we present solutions that are intrinsically suitable for achieving ecological balance in a more effective manner.