Green Banking - Awareness on Developing Plans in Public Sector Banks for Future Environment
Journal Title: International Journal of Environment, Ecology, Family and Urban Studies (IJEEFUS) - Year 2019, Vol 9, Issue 4
Abstract
Bio-diversity is the diversity of resources, where human beings are majorly dependent on natural resources. This concept is gaining momentum, as there no proper utilization of natural resources by mankind. Green banking is a concept which provides a number of ways to conserve natural resources in the banking industry. Green baking means promoting environmental-friendly practices and reducing our carbon footprint generated through activities which may have contributions from the banking events. It also means promoting activities of the banking clients who are in industrial or commercial activities which do not extract more from the planet than they put back in. The study done by the authors indicated that green banking not only involves updating of latest technology, but it also involves other factors such as green mortgage and providing loans for improvement of environment. Through the study, the authors also observed that the Green Banking concepts help to support in bringing down the Global Warming directly and also indirectly: directly by using less papers and indirectly providing loans for those industries which support and aid environmentally sustainable development and in the usage of renewable sources of energy
Authors and Affiliations
Dr. P. Raja, M. Muthaiyan
Keywords
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- EP ID EP651931
- DOI 10.24247/ijeefusaug20198
- Views 100
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