[雙語(yǔ)翻譯]綠色金融外文翻譯—綠色金融和可持續(xù)發(fā)展印度視角（原文）

1、VOLUME-IV, ISSUE-VI ISSN (Online): 2350-0476 ISSN (Print): 2394-207X IMPACT FACTOR: 4.205 INTERNATIONAL JOURNAL OF MULTIFACETED AND MULTILINGUAL STUDIES 1st June 2017

2、 Website: www.ijmms.in Email: ijmms14@gmail.com Page 62 Green Finance and Sustainable Development: An Indian Perspective Manmohan Vyas Assistant Professor, Indira School of Business Studies,

3、 Pune Abstract: The present era of globalization has brought lot of luxury to human life but has also resulted inenvironmental degradation incorporated with all the involved activities. Today the entire economy is fac

4、ing huge challenge to deal with the environmental problems and their related impacts in their day to day businesses. Today’s era is threatened from the major challenges of climate change, energy constraints and financial

5、 crisis. Due to all these reasons, business organizations have started modifying their activities and strategies so as to ensure protection to our natural resources and environment. If we have to give cleaner it has bec

6、ome important for the financesector to become responsive to these environmental issues& associated challenges. This has given rise to the concept of GreenFinance which is an innovation in the field of finance.Green F

7、inance thus, involves making investments in environmentally sustainable products and projects. It aims at reducing or avoiding greenhouse gas emissions, controlling industrial pollution, waterSanitation, waste management

8、 and overall biodiversity protection. Not only this but it also includes green investments i.e.stocks, exchange traded funds and mutual funds of the companies whose operations aims atimproving& protecting the environ

9、ment & supporting sustainable business practices. Research Objectives: ? To review the existing literature on the concept of Green Finance & the initiatives taken by the Indian Corporates. ? To study select green

10、 financial products and services been offered by Indian corporate. ? To study the recent developments in the field &understand the future scope of Green Finance in India. Green Banking: Green Banking is not a separat

11、e bank. Green Banking means ensuring environment friendly practices in banking sector and thereby reducing internal and external carbon footprints. A broader view of this is that banking industry is linked to the externa

12、l environment as it provides funds to others and hence finances their activities. Banks are a source of funds / credit. So they can contribute to environment by ensuring environmentally responsible investment and a caref

13、ully evaluated lending. Green Banking therefore covers two aspects - The first one being judicious use of all resources, energy and reducing carbon footprints and second being encouraging and financing only environment f

14、riendly& sustainable investments. So Green Banking is not only about making sustainable use of resources but also about environment friendly dispensation of credit. A proper scrutiny of all projects that are financed