Green Finance: concept and Importance

Green finance is a general word that can be used to describe financial investments made in projects and initiatives for sustainable development, environmental goods, and regulations that support the growth of a more sustainable economy. In other words, it is any structured financial activity, such as a product or service, designed to have a positive impact on the environment is known as "green finance." It consists of a variety of loans, debt structures, and investments that are used to promote the growth of green initiatives or lessen the climate effect of more conventional enterprises, Or perhaps a mix of the both. In order for the United Nations to achieve several of its Sustainable Development Goals, green financing is crucial. In an effort to bring the global financial systems in line with the objective for sustainable development, its Environment team is already collaborating with organizations from the public and commercial sectors. When planning approval, strategic priorities, and capital are combined in the correct way, clean energy sources can become a reality.