Green Finance

Abstract

Green finance includes all the activities taken by private and public parties such as business, banks, governments, international organizations in developing projects with sustainable impacts through financial instruments. Or green finance provides the financial tools required by finance agents to increasingly generate activities with positive background. Further, this is considered as infrastructure of green growth. This concept of green mainly focus environmental protection through sustainable utilization of scare resources. It leads towards projects which reduces environmental risks and which optimally uses of social and environmental resources. This concept is essential for growth of economic. To develop and promote the green growth. Several green financial products and services have been developed by the organizations. With the competitive environment, the success of the measuring of green initiative has become one of the essential needs in the economy. Just implementing green finance is not sufficient. To get the maximum, it is important to measure the success with the time period. Hence, by considering the current trends and needs of the industry in green finance, this study seeks to explore what Green Finance concept is, the way it processes and the specific products under this concept. Further, this report is enriched with methods of measuring the performance of Green Finance. Also author will consider the opportunities, positive side and challenges of this concept. Finally this chapter will provide the exploratory recommendation and conclusion on Green Finance. According to the findings, it has been discovered that green financing identifying the importance of environment and its contribution to the society, also this concept seeks to improve the quality of the human life as well. Through this concept it leads to reduce the environmental risk and finally to ensure the sustainability development. Hence, there is an empirical need in identifying and processing this concept of Green finance.