2024, Vol. 5, Issue 2, Part H
Sustainable finance: Trends, opportunities and challenges
Author(s): Manjunatha K
Abstract: Sustainable finance is gaining momentum due to rising consequences of climate change across the globe. As a result, financial institutions have started lending and investing into sustainable projects upholding the criteria of Environmental, Social and Governance (ESG) impacts for the betterment of society. In this context, many countries in the world are in line with the adoption of sustainable finance framework which would guide the players of financial market to lend finance to business entities towards the attainment of Sustainable Development Goals (SDGs). In these circumstances, the present study has attempted to study about framework, categories, trends, challenges and opportunities of sustainable finance. As such, the study has revealed that evolution of typology of framework and on the other side, there is still a lot of issues regarding the development of sustainable finance like greenwashing, weak data reporting of sustainable projects, etc. However, this study also shed a light on the aspects of many emerging and developing nations are said to have been keeping pace with the adoptability of sustainability into business decisions in spite of a varied features of various countries across the globe.
Pages: 674-677 | Views: 63 | Downloads: 42
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How to cite this article:
Manjunatha K. Sustainable finance: Trends, opportunities and challenges. Asian J Manage Commerce 2024;5(2):674-677.