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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