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VOL. 11, ISSUE 12 (2025)
Green Finance practices in the present era of Digitalization: Progress & challenges
Authors
Dr. R Uma Devi
Abstract
In the present era of
Digitalization a remarkable transformation has taken place in the economy not
only in India, but also in the entire globe due to climatic changes, ozone and
depletion and other environmental issues. The business firms realized the significance
of “Go Green concept” and adopted many Green initiatives for their sustainable
development. Green Finance is one component of a broader movement towards
socially and environmentally conscious business practices. It has emerged
as a critical and transformative force for a sustainable economy by directing
financial resources towards environmentally friendly and socially responsible
projects that have positive environmental benefits and contribute
to sustainable development. Green finance can be seen as a financial
instrument crafted with the noble goal of aligning financial choices with the
evolving requirements of both society and the environment. Its aim is to
encourage investments that foster sustainable development. On this backdrop,
present study has been undertaken to overview the present Green Finance
Practices, its progress and challenges in India as well as Globally.
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Pages:63-69
How to cite this article:
Dr. R Uma Devi "Green Finance practices in the present era of Digitalization: Progress & challenges". International Journal of Commerce and Management Research, Vol 11, Issue 12, 2025, Pages 63-69
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