Harmonizing financial systems for a greener future: Exploring sustainable finance strategies in India
- Title
- Harmonizing financial systems for a greener future: Exploring sustainable finance strategies in India
- Creator
- Vellaiyan S.; Loganathan S.; Pachiyappan S.; John Paul Raj V.
- Description
- Sustainable finance represents the next biggest transformation in the financial sector to aid the process of sustainable development. Sustainable finance comprises traditional investment which provides financial profits as well as financing the projects or investments that have social, economic and governance impact. The transition from traditional investment to sustainable finance is underway in different markets at different capacities. This study seeks to examine the performance of sustainability indices representing sustainable finance in the Indian and global markets by analysing returns. It was found that sustainable finance gained significant appreciation in the Indian market. In comparing the performance of sustainability indices in developing and developed markets, there was no development divide identified. In this path towards widespread adoption of sustainable finance, data science as a field also provides promising applications for facilitating this transformation. 2024, IGI Global. All rights reserved.
- Source
- Recent Developments in Financial Management and Economics, pp. 294-310.
- Date
- 2024-01-01
- Publisher
- IGI Global
- Coverage
- Vellaiyan S., Christ Univerisity, India; Loganathan S., Christ Univerisity, India; Pachiyappan S., Christ Univerisity, India; John Paul Raj V., Christ Univerisity, India
- Rights
- Restricted Access
- Relation
- ISBN: 979-836932684-8; 979-836932683-1
- Format
- Online
- Language
- English
- Type
- Book chapter
Collection
Citation
Vellaiyan S.; Loganathan S.; Pachiyappan S.; John Paul Raj V., “Harmonizing financial systems for a greener future: Exploring sustainable finance strategies in India,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 24, 2025, https://archives.christuniversity.in/items/show/17784.