JHASS
Green Finance and ESG: A Foundation Dedicated to Creating a Sustainable Financial Structure
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Abstract
Amidst the challenges of worldwide climate alteration and diminishing resources, green finance alongside Environmental, Social, and Governance (ESG) guidelines have progressively become principal instruments in advancing sustainable growth. The article explores the profound links between green finance and ESG, examining their crucial functions in forming a sustainable financial structure. The primary goal of green finance is to expedite the shift towards a low-carbon economy, focusing on boosting investments in environmental safeguards and funding eco-friendly initiatives. Additionally, ESG standards offer a structure for investors to assess a company's sustainability and social responsibility, guiding funds towards projects with greater sustainability. This paper, by meticulously examining practical instances, demonstrates the equilibrium between economic enhancement and ecological safeguards in companies and countries where green finance and ESG approaches are effectively put into practice. In conclusion, this research suggests a sequence of policy advice for enhanced integration of green financing and ESG, establishing a stable base for realizing sustainability objectives. Establishing a strong, enduring financial system enables various societal strata to collaboratively tackle present environmental issues, fostering uniform advancement across economic, social, and ecological elements.
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How to cite this paper
Green Finance and ESG: A Foundation Dedicated to Creating a Sustainable Financial Structure
How to cite this paper: Yingjie Wang. (2024) Green Finance and ESG: A Foundation Dedicated to Creating a Sustainable Financial Structure. Journal of Humanities, Arts and Social Science, 8(12), 2717-2724.
DOI: http://dx.doi.org/10.26855/jhass.2024.12.011
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