Journal Press India®

GBS Impact: Journal of Multi Disciplinary Research
Vol 10 , Issue 2 , July - December 2024 | Pages: 123-131 | Research Paper

The Notion of Green Banking LED and Leading for Significant Development in the Environment Since Its Introduction – A Comprehensive Review

Author Details ( * ) denotes Corresponding author

1. * Munnu Prasad, Assistant Professor, Department of Commerce and Management, School of Allied Healthcare and Sciences Jain (Deemed-to-be )University, Bengaluru, Karnataka, India (munnuprasad.r@gmail.com)

Concept of ‘Green Banking’ has emerged as a pivotal strategy within the financial sector to promote environmental sustainability. This research paper seeks to evaluate the extent to which the notion of green banking has led and leading the significant developments in the environment since its introduction. Through a thorough review of literature, case studies, and empirical data, this paper examines the impact of green banking practices on key environmental indicators. The findings contribute to the ongoing discourse on sustainable finance and offer insights into the effectiveness of green banking initiatives in fostering positive environmental outcomes.

Keywords

Green Banking, Environmental Development, Environmental Indicators, Sustainability, Effectiveness

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