This paper discusses sustainable finance, emphasizing the importance of productive investments for long-term growth. It examines sustainability in the financial market through various lenses, including environmental, social, and governance (ESG) factors. The article specifically highlights the role of green bonds in promoting sustainable investment, noting India’s initiatives in this area. It delves into the three pillars of sustainable development—social development, environmental protection, and economic development—and stresses how proper fund allocation can address global challenges like climate change and contribute to a green economy.
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