GREEN FINANCE AS A TOOL FOR MOBILIZING SUSTAINABLE INVESTMENT IN EMERGING MARKET

Abstract

Achieving a sustainable investment in the near future will be done through a chain of green finance. Green finance promotes sustainable investment and helps to grow the economy with environmental sustainability. Previous studies limit on empirical evidence on how efficiently green finance mobilises sustainable investment. This study will examine the role of green finance for a sustainable investment development of economy. Further this study examines role of government and corporates for channelizing green finance for upliftment of economy with environment friendly norms. An empirical research design using secondary data from emerging economy will be used to study. Quantitative techniques are used to analyse the causal relationship between variables. Findings of the study shows green finance significantly impacts sustainable investment. The study shows the impact of Regulations and how Green finance enhances the market share of the companies. It shows that sustainability will be a major subject to be studied in near future for enhancing awareness of environment friendly projects.