Abstract
A key factor in accomplishing the Sustainable Development Goals (SDGs) of the UN, green money has become a transformative force in the worldwide movement toward sustainable development. This research aims to explore and analyze the various dimensions of green finance that are instrumental in fostering environmental sustainability and inclusive economic growth. The main focus of the study is on three key objectives: first, to develop a comprehensive understanding of the essential areas within green finance that directly support the SDGs; second, to examine the different forms of green finance, including green bonds, sustainable loans, and climate-focused investment funds; and third, to assess the wide-ranging benefits—such as reduced carbon emissions, enhanced resource efficiency, and long-term economic resilience—as well as the limitations, including regulatory gaps, high transaction costs, and risks of greenwashing. Through a review of relevant literature, case studies, and policy frameworks, this paper provides critical insights into how green finance can be effectively leveraged as a catalyst for sustainable development while highlighting the structural reforms needed to overcome existing barriers.
Keywords
- Green Finance
- sustainability
- Sustainable Development Goals
- Green Loans
- Green Investment
How to cite
25. Wagner, M., & Schaltegger, S. (2006). Harmonizing social and environmental efforts