Authors :
Yash Agarwal; Rishika Vichare; Jehaan Kantaria; Pramiti Vaidya; Lakshya Bhardwaj
Volume/Issue :
Volume 8 - 2023, Issue 11 - November
Google Scholar :
https://tinyurl.com/5477tvkd
Scribd :
https://tinyurl.com/mtjysthx
DOI :
https://doi.org/10.5281/zenodo.10100110
Abstract :
The world is witnessing unprecedented timesin
terms of environmental concerns which promptsthe need
for global action to mitigate the severity of its effect for
the welfare of the future generation. In regards to this,
green investments are a key tool in finance which has the
ability to influence long-term sustainable outcomes and
thus has acquired tremendous attention over the past
few years. The aim of this study is to understand the
current scope of green finance as a market in India and
the overall progress of the nation in terms global
issuances and projectsundertaken, creation of individual
investor awareness and dispersion of green finance ideas
across the country. Using sample primary data, variety
of test analysis have been performed to highlight the
relationship between different variables such as
demographics of individuals, willingness as well as their
understanding to invest in green securities as opposed to
traditionalforms of investments so as to gauge their level
of awareness about the same. In addition to thisit also
reviews the progress of public policy and need for scaling
up green investments in the country. The data overall
provides proof of the possible growth outcomes and
ventures that green finance can take in India, to create
better options for sustainable growth and steadily move
towards a more environmentally and socially aware
economy as long as proper procedures and policies are
mounted.
Keywords :
Green finance, awareness, green bonds, ESG.
The world is witnessing unprecedented timesin
terms of environmental concerns which promptsthe need
for global action to mitigate the severity of its effect for
the welfare of the future generation. In regards to this,
green investments are a key tool in finance which has the
ability to influence long-term sustainable outcomes and
thus has acquired tremendous attention over the past
few years. The aim of this study is to understand the
current scope of green finance as a market in India and
the overall progress of the nation in terms global
issuances and projectsundertaken, creation of individual
investor awareness and dispersion of green finance ideas
across the country. Using sample primary data, variety
of test analysis have been performed to highlight the
relationship between different variables such as
demographics of individuals, willingness as well as their
understanding to invest in green securities as opposed to
traditionalforms of investments so as to gauge their level
of awareness about the same. In addition to thisit also
reviews the progress of public policy and need for scaling
up green investments in the country. The data overall
provides proof of the possible growth outcomes and
ventures that green finance can take in India, to create
better options for sustainable growth and steadily move
towards a more environmentally and socially aware
economy as long as proper procedures and policies are
mounted.
Keywords :
Green finance, awareness, green bonds, ESG.
