Green Finance and Sustainable Development: Strategies for Achieving Environmental and Economic Goals


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Pənahova G.

I international conference of researchers on economics and social sciences, vol.1, no.1, pp.40-46, 2024 (Peer-Reviewed Journal)

Qısa məlumat

The urgent need for sustainable economic growth has heightened the importance of green finance, a financial practice integrating environmental considerations into economic decisions. This article explores the role of green finance in driving sustainable development, addressing climate change, and promoting environmental responsibility within financial markets. By analyzing recent trends, frameworks, and policy initiatives, we examine how green finance instruments – such as green bonds, sustainable investments, and ecofriendly

loans – are transforming both public and private sectors. A systematic analyse highlights that the is significant impact of green finance on reducing carbon emissions, enhancing corporate social responsibility (CSR) standards, and fostering innovation in renewable energy sectors. Key emerging themes include green financing mechanisms, environmental protection initiatives, regulatory frameworks, policy development for sustainable finance, and innovative instruments such as carbon credits and carbon pricing. This study identifies critical gaps and emerging areas – such as carbon emissions management, green financial policy innovation, and sustainable investment tools – that require further scholarly attention to support the transition to a green economy.