scholarly journals Green–Finance in India: Challenges and opportunities

2021 ◽  
Vol 1 (2) ◽  
pp. 30-34
Author(s):  
Dr Pragya Rawat ◽  

In recent era our country is more focusing on economic development without considering the environmental changes and sustainable development. Recently entire world suffering from environmental pollution and pandemic, climatic changes. It is the late time to focusing on coping with climate changes, reduce the environmental pollution and creating pleasant co-existence between people and nature to have a sustainable development of the global economy and society. The term green finance consist of the words “Green” and “Finance” both of which are controversial issues. Green finance is the innovative financial pattern adopted by the country to integrate environmental protection with economic development and profit. In this study the researcher’s focusing on the recent trends, opportunities, challenges, various investments avenues of Green Finance in India and to analyze in the path of green Finance and to know the target achieved till date from the initiative taken by the Indian Government of India. The National Government can support the cities by increasing the funding which suites the energy saving and also locally administrated. The Government can be finally sound and innovative programmes and also environmentally good in the Practice of Purchasing the green procurement. But also the climate sources of energy plays a vital role. From the analysis it is clear that India has to focus more on the green finance and have to contribute more to infrastructure funding to attain the sustainable development goal.

2020 ◽  
Vol 175 ◽  
pp. 06012 ◽  
Author(s):  
Thi Loi Nguyen

The environment and environmental protection in Vietnam in general and in craft villages in particular are an issue that get concerned by the Party, the Government and the entire population in society. The development of craft villages has contributed significantly to socio-economic development, helping to raise incomes and improve the lives of local people. However, the environmental pollution in craft villages is at an alarming rate. According to the verification report of the National Assembly’s Committee on Science, Technology and Environment, only 26.7% of craft villages currently collect industrial wastewater and 20.9% of craft villages collect industrial solid waste. This is a big problem in dealing with environmental pollution in rural areas, especially in traditional craft villages. In this article, the author focuses on issues such as: Actual situation of environmental pollution in craft villages; causes of pollution and proposals of measures to reduce pollution and help sustainable development of craft villages.


2020 ◽  
pp. 75-83
Author(s):  
L.Z. Khalishkhova ◽  
A.Kh. Temrokova ◽  
I.R. Guchapsheva

The article is devoted to the issues of measuring environmentally oriented economic development. The current stage of economic development requires the integration of environmental development, taking into account: environmental boundaries, biosphere processes, social problems, human needs and environmental processes. A green economy can become the main point of growth for the modern global economy. The article presents a complex of measures for the transition to a green economy, as well as tools for their implementation.


2021 ◽  
Vol 315 ◽  
pp. 04019
Author(s):  
Sergey Zhironkin ◽  
Olga Zhironkina ◽  
Michal Cehlar

The processes of a green economy development, changes in approaches to the production and use of energy, the emergence of new sources of investment in the technological transition - all this is a consequence and, at the same time, the cause of structural shifts in the economies of advanced countries. In this light, the technological backwardness of the Russian economy, caused by a negative structural shift during the period of market reforms, impedes the transition to a green economy, rationalization of the use of natural resources and reduction of environmental pollution. Therefore, the development of theoretical provisions for the convergence of environmental and economic policies, the development of appropriate incentives for business are considered as an important step in the transition to sustainable development. For this purpose, the authors examine the original approaches to various paths of transition to sustainable development caused by structural shifts of a convergent nature in the economy.


Author(s):  
Hsu Chao Feng ◽  
Lee Bi Ru

The development of green finance is a global trend in the current era. At present, developing the green finance has been included as an important national development project by the Chinese government. With the rapid economic growth, the priorities or trade-offs between the economic development and the natural environment have also aroused different contradictions and problems. With the improvement of people's quality of life, they start to pay more attention to the pollution of the surrounding environment. Therefore, the government should properly intervene and propose effective measures, and green finance is an excellent tool to reconcile social economy and environmental protection and transform the physical investment, thus guiding the social resources towards the environmental protection industry and reaching an optimal interests allocation among the market, society, and government. Consequently, in the face of such a situation, it is necessary to propose a series of models and paths that suit the needs of the Chinese society and promote sustainable development.


2020 ◽  
Vol 164 ◽  
pp. 11011 ◽  
Author(s):  
Van Anh Thi Duong ◽  
Lyudmila Pushkareva

Development society brings many benefits to people and also brings many challenges. Those challenges seriously affect sustainable economic development, the life and health of all people in society. At present, issues that the whole society has been facing are: hygiene, food safety, environmental pollution, new epidemics, and exhaust of natural resources as well as warming up of the earth... To limit and solve the aforementioned issues, it needs close cooperation and support from all people and enterprises. Every individual, every organization is a part of society. The development of each individual and each enterprise is also the development of society and vice versa. The rise of society will also have a positive impact on each member of it. Therefore, enterprises need to raise awareness about sustainable development and act responsibly with the community and society. It is necessary and useful not only for enterprises themselves but also for the whole society. In this thesis, the author focuses on addressing the following issues: Carrying out social responsibilities associated with environmental protection in order to sustainably develop of Vietnamese enterprises, thereby finding the causes and proposing solutions to help enterprises fulfill their social responsibilities and protect the green, clean and beautiful environment in accordance with the standards prescribed by the Law on Environment of Vietnam in 2014.


2020 ◽  
Vol 12 (17) ◽  
pp. 6944
Author(s):  
Yiru Guo ◽  
Yan Hu ◽  
Ke Shi ◽  
Yuriy Bilan

With progress in China’s industrialization and urbanization, the contradiction of social and economic development with water resource supply–demand and water environmental pollution becomes increasingly prominent. To cope with the dual constraints of resource shortage and environmental regulations, the concept of water resource green efficiency that considers economic, environmental, and ecological factors is highly involved to promote sustainable economic development. The theoretical and practice circle devote to scientific green efficiency assessment of water resources and effective recognition of relevant influencing factors. However, to an extent they neglect social benefits brought by sustainable development and possible influences of industrial restructuring on green efficiency. They also lack concern on green efficiency of water resources in inland arid areas. To offset the disadvantages of existing studies, the philosophy of sustainable development was integrated into the input–output assessment system of green efficiency of water resources, and an assessment model was constructed using the SBM–Tobit (slack-based measure and Tobit) method. Moreover, a case study based on Henan Province, China was carried out. The green efficiencies of water resources in 18 cities of Henan Province during 2011–2018 were calculated. The operation mechanism of relevant influencing factors was discussed, and the methods to improve green efficiency of water resources were determined. Results reveal that the sustainable green efficiency of water resources in Henan Province increased in fluctuation during 2011–2018. The mean green efficiency increased from 0.425 in 2011 to 0.498 in 2018. At present, green efficiency of water resources in Henan Province remains at a low level, with a mean of 0.504. Reducing water consumption intensity and increasing investment to water environmental pollution technologies can promote green efficiency of water resources significantly. Conclusions provide a new method for scientific measurement and green efficiency assessment of water resources in inland arid areas.


2013 ◽  
Vol 869-870 ◽  
pp. 134-141
Author(s):  
Bo Yang ◽  
Pei Ji Shi

Oasis city ecological environment and socio-economic development is the only way to achieve regional sustainable development. The paper takes the use of Wuwei City in 2000-2010 statistics to simulate the next 10 years the sustainable development of the Urban System, using SD simulation model in system dynamics to comparative analysis three simulation program of complex systems including population, economy, water resources, land resources, environmental pollution and other subsystems, and explore the problems of Urban System sustainable development in Wuwei City in the future. The results showed that: only when the various factors within the system have maintained stable development trend, that steady economic development, population growth steady, steady increase water consumption, water emissions control increases, so that Wuwei City will maintain the situation of the balance between supply and demand of resources and environmental pollution, and improve and achieve ultimately the sustainable development of complex n Oasis city System.


Energy security is at the top of the international political and economic agenda due to its importance for the economic and social development of individual countries, for relations between them, for the global economy and the environment. Indeed, it is difficult to imagine an area where countries are more interdependent than at the confluence of energy, environment, and economic development. Energy security has implications for domestic and foreign policy. This means the interdependence between producer and consumer, where mutual vulnerability and a win-win opportunity are short-term and long-term. The work systematizes the types of energy with the goal of sustainable development: the balance of economic, social, and environmental components, through a model of a circular economy, which allows achieving energy security. The first step is switching from carbon-based energy (oil, gas, coal) to clean energy (solar, wind, hydropower, etc.). However, it is also important to act on the principle of energy efficiency, which is to measure the difference between the actually used energy and the total energy consumed (often higher due to losses). The principle of the circular economy of achieving the most efficient use of resources is the most essential for the development of innovative solutions aimed at the transition to clean energy. Having studied the various approaches by comparison and analogy, we can conclude that the Concept of the circular economy offers effective business models to ensure environmentally friendly resource use, contributing to the achievement of sustainable development goals of society. The article used historical and statistical methods, as well as a system approach to the study of economic phenomena, which helped to identify the relationship between all elements and their roles in the general functioning of the circular economy. Using the method of comparison and scientific modeling, the role of the circular economy in resource-saving, minimizing waste and reducing pressure on the environment is revealed, while achieving significant economic and social results in energy security.


2022 ◽  
Vol 9 ◽  
Author(s):  
Yanyan Huang ◽  
Fuzhong Chen ◽  
Huini Wei ◽  
Jian Xiang ◽  
Zhexiao Xu ◽  
...  

With the accelerated development of the global economy, environmental issues have gradually become prominent, which in turn hinders further high-quality economic development. As one of the important driving factors, cross-border flowing foreign direct investment (FDI) has played a vital role in promoting economic development, but has also caused environmental degradation in most host countries. Utilizing panel data for the G20 economies from 1996 to 2018, the purpose of this study is to investigate the impacts of FDI inflows on carbon emissions, and further explore the influence channels through the moderating effects of economic development and regulatory quality. To produce more robust and accurate results in this study, the approach of the feasible generalized least squares (FGLS) is utilized. Meanwhile, this study also specifies the heteroscedasticity and correlated errors due to the large differences and serial correlations among the G20 economies. The results indicate that FDI inflows are positively associated with carbon emissions, as well as both economic development and regulatory quality negatively contribute to the impacts of FDI inflows on carbon emissions. It implies that although FDI inflows tend to increase the emissions of carbon dioxide, they are more likely to mitigate carbon emissions in countries with higher levels of economic development and regulatory quality. Therefore, the findings are informative for policymakers to formulate effective policies to help mitigate carbon emissions and eliminate environmental degradation.


Outside Direct Investment nation's economic background. In nations just as India, Do assets's movements isn't meant by the nation of origin to the host nation yet in addition incorporates the conversational practices associated with the executives, joint endeavors, innovation move, and information, and so on. The present pattern in Foreign Direct Investment aids the upliftment of India with regards to mostly employment buildings and that lifts the amount of fare of the hosting nation. The countries like India are selected to invest because, low-cost labor, huge market size, enormous natural, corporal resources and having young graduates. The Indian government one of the hug initiatives make in India policy, skill India, digitalization, sustainable economic growth, etc. The government of India launched major sector-wise divided into infrastructure, automotive, pharmaceuticals, service, railways, chemicals, textiles, airlines, etc. Huge shareholders have contributed to the Foreign Direct Investment in India, but 80% of cumulative Foreign Direct Investment Is due to the top ten countries. The remaining inflows 20% of shared by the rest of the world from 2013 to 2019. However, among these top ten countries, only Mauritius contributed to the lion share of investment in India. This paper focuses to attempt the analysis of Foreign Direct Investment and economic development in India. The researcher has analyzed the different according to various partitions.


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