Paper Title
Green Finance-A Comparative Study Between India USA And China
Article Identifiers
Authors
Shashwati
Keywords
Green Finance, Comparative Study, Sustainable Development, Green Bonds, Superpowers, Carbon Emissions, Less Carbon Economy, United Nations Sustainable Development Goals,Macroeconomic Stability.
Abstract
When we think about Finance, generally, all that we think about is endless money flow with the Bulls and Bears of the stock market, the smart suits of the investment bankers of the Wall Street. But is that all there is to Finance? I would like to differ here and very ardently defend as to what actually comprises of Finance in 2024. Finance has started its way forward, sauntering slowly yet steadily into the process of saving the environment and promoting sustainable living, growth and development by adopting methods like processing bonds that promote clean energy and sustainable living all across the globe which are more commonly known as ‘Green Bonds’. And this is just one part of what is going on in the world of Finance these days and how it is contributing immensely towards sustaining the clean and green environment and contributing towards maintaining the whole of ecological balance in this fast paced and developing world. This paper deals with the conditions related to how the big players which happen to be the Superpowers of the world basically, countries like the United States Of America and China have employed the policies which lead to the propagation of ‘Green Finance’ and how it contributes not only in the development of the nation but also promotes the actual execution of the notion of clean energy and sustainable development and living by reducing not only the carbon emissions but also diminishing the carbon footprint and making their respective nations a less carbon economy. This paper also deals with the comparative study between them and our own country India and how India has a new strategy for achieving the Macroeconomic stability and boosting the country’s GDP and doing all that by implementing the changes brought in through Finance by the methods of ‘Green Bonds’ and sustainable Finance which is more commonly now known as, ‘Green Finance’ and achieving the United Nations’ Sustainable Development Goals by the year 20230.
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How To Cite (APA)
Shashwati (August-2024). Green Finance-A Comparative Study Between India USA And China. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(8), e98-e134. https://ijnrd.org/papers/IJNRD2408411.pdf
Issue
Volume 9 Issue 8, August-2024
Pages : e98-e134
Other Publication Details
Paper Reg. ID: IJNRD_300005
Published Paper Id: IJNRD2408411
Downloads: 000121997
Research Area: Other area not in list
Country: Patna, Bihar, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2408411.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2408411
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