Assessing the potential of green finance in supporting environmental sustainability

Abstract

Green finance has emerged as a critical mechanism for supporting environmental sustainability by directing financial resources towards environmentally friendly and sustainable projects. This review article explores the various aspects of green finance, including its definitions, instruments, and the role it plays in promoting sustainable development. By synthesizing findings from previous studies, the paper aims to provide a comprehensive understanding of the potential of green finance in fostering environmental sustainability and addressing the challenges and opportunities associated with its implementation.