Reviewing Green Initiatives in India's Sustainable Finance Landscape

Authors

  • Majumder S State Aided College Teacher - 1, Dept. of Commerce, Lalbaba College, Belur, INDIA
  • Barik D Associate Professor, Dept. of Commerce, Lalbaba College, Belur, INDIA

Keywords:

Carbon Emissions, Corporate, Economy, Sustainable Business, Sustainable Finance

Abstract

Businesses run their economic activities to generate profit; it is the unique feature of capitalism. But the new edge of the economy focuses on sustainable businesses by making good to all stakeholders. To protect the planet, not only businesses but also the entire human race can ensure its longevity. Harmful waste generation is very common in the daily operation of business activities. But now business leaders are thinking about sustainable production by minimizing Green House Gas emissions, producing green products, and so on. Sustainable finance is basically financing sustainable production, activities, and projects. In our research, we tried to review the green initiatives (i.e., initiatives for sustainable finance) of the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) to promote sustainable finance from the year 2007 to the present time by way of issuance of green bonds and financing the non-conventional energy sector. We also tried to look into overall government initiatives to attain sustainable development goals in India.

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Published

2024-05-02

How to Cite

Majumder, S., & Barik, D. (2024). Reviewing Green Initiatives in India’s Sustainable Finance Landscape. Journal of Academic Advancement, 2(01), 70–78. Retrieved from https://jaa.kbsaa.org/index.php/j/article/view/21

Issue

Vol. 2 No. 01 (2023): Jan-Jun

Section

Research Articles

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