Green finance refers to financial products, services, and investments that support environmentally sustainable projects and businesses. It involves mobilizing capital towards activities that have positive environmental benefits
Environmental Impact:
Green finance directs capital towards projects that address environmental challenges and promote sustainability.
Financial Stability:
Incorporating environmental considerations into financial decision-making helps manage risks associated with climate change and other environmental factors.
Market Opportunities: Green finance creates new investment opportunities and markets. It stimulates innovation and the development of green technologies, products, and services.
Cost Savings and Efficiency:
Green finance encourages investments in energy efficiency measures, which can lead to cost savings for businesses and individuals.
Reputation and Stakeholder Engagement:
Green finance helps businesses enhance their reputation and strengthen stakeholder engagement.
Policy Support and Alignment:
Green finance complements and supports national and international sustainability goals and policies.
Social and Health Benefits:
Green finance initiatives often have positive social and health impacts.