“A study of conceptual understanding and future trends of green finance in India”

The main objective of this paper is to study the concept of green finance and authenticate whether this concept is workable in India for balancing the ecological depreciation due to assimilation of carbon gases in atmosphere. Concept of green finance can be regarded as innovative in the field of finance. Green finance is considered as the financial provision for green growth which decreases greenhouse gas emissions and air pollutant. Green finance in agriculture, green buildings and other green projects should add to the economic development of the country. In this paper sincere attempt has been made to describe green financing in a broader sense.