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ISSN 2063-5346
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ROLE OF GREEN FINANCEFOR ENERGY SECRUITY & SUSTAINABLE DEVELOPMENT

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Dr. S. Prabakar , Dr. K. V. Manju , Dr. Renuka Deshmukh , Dr. Ch.Venkata Krishna Reddy , Dr. Vikas Pathak, Rohit Kumar
» doi: 10.31838/ecb/2023.12.s1-B.192

Abstract

Our country has recently focused heavily on economic growth and the GDP while ignoring environmental alterations and sustainable development. The words "green finance" and "finance" are two ambiguous concepts that together make up the term. Green finance is the innovative financial model that the nation has adopted to combine natural assurance with financial growth and prosperity. In this study, the scientists are focusing on the new trends, opportunities, obstacles, and many speculative routes of green finance in India. They are also dissecting the green finance process to understand the goal achieved thus far from the effort made by the Indian legislative of India. According to the analysis, India must focus more on green finance and provide more framework subsidy in order to achieve the sustainable development goal. It acts as a sponsor for both the acknowledgement of great financial development and the realization of the idea of environmentally responsible development. The effect of green money on key advancements in current research is less well understood. From one angle, the research presented in this paper has the potential to build upon and expand already conducted research; however, it can also serve as a foundation for the recognition of significant local development, which is vitally important for the achievement of the district's goals for sustainable development.

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