Journal of African Development

When he level of globe increases in between developing and developed world many things changes whether it’s in overall temperature, environment or technology or lifestyle. None-off them appears to care for environment, climate and sustainable development be they government or policy makers. The worldwide investment (in renewables and energy efficiency) went down by 3% in 2017, and will decline further on the future. Green finance is intended to be the mechanism for delivering increased financial flows (from banking, micro-credit, insurance and investment) from the public, private and not-for-profit sectors to priorities like sustainable energy and adaptation that benefit the poorest and most vulnerable. UN has been collaborating with various nations to chart out its path to channel the flow of finances to achieve sustainable development goals by 2030.

This paper focuses on the definition, concept meaning, and the importance of green financing theory and benefits as well s nature of green financing offerings. The research is secondary data based on various sources. It also attempts to showcase the present scenario regarding green finance in India and its relevant schemes.