Review of Literature Empowering Sustainable Green Finance
Journal Title: Account and Financial Management Journal - Year 2025, Vol 10, Issue 03
Abstract
Green money is important in promoting sustainable business while addressing environmental issues such as climate change. The channeling of financial resources to environmental protection projects, This encourage the development of renewable energy, energy conservation and other green technologies, eventually contributing to the achievement of the USA Sustainable Development Goals. This paper explores the importance of green finance from 2014 - 2024, providing detailed information on its role in sustainable development, its challenges and its potential to increase environmental and economic benefits. This study highlights the importance of financial reforms such as green cash, cash credits and carbon trading, as well as the important role of policy reforms and partnership collaboration in overcoming barriers to green cash flow. Despite its potential, challenges remain, including inconsistent definitions, governance differences and inconclusive evidence of its effectiveness. This paper also discusses future research directions addressing the need for advanced systems, integration, and automation with artificial intelligence in green applications. The findings suggest that green finance is important for reducing environmental risks and promoting sustainable development, but more efforts are needed to increase its effectiveness, focus, and create more inclusive green finance.
Authors and Affiliations
Karthickraja S
Keywords
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- EP ID EP762336
- DOI 10.47191/afmj/v10i3.04
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