Impact of Green Finance on the Replacement of Fossil Fuels with Green Fuels – A Study
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2021, Vol 5, Issue 4
Abstract
This article is conducted under the title The Impact of Green Finance on the Replacement of Fossil Fuels with Green Fuels , which the author pursued with the following objectives Understanding the impacts of Green Finance on the Replacement of Fossil Fuels with Green Fuels, Understanding the actors, and challenges, of Green Finance, and Understanding the role of debt for environment swap projects as a green finance product in the replacement of fossil fuels with green fuels. In this research, a qualitative method has been used, and the article has used secondary data, including books, articles, newspapers, magazines, websites and government records. In this study, the author found that Green Finance plays an important role in replacing green fuels with fossil fuels. Green Finance achieves this goal through its instrument and products. In this study, all the actors involved in performing Green Finance activities have been introduced. These actors include Banks, Institutional Investors, International Financial Institutions and Regulatory Authorities and the Central Bank. The challenges proposed for Green Finance have been clarified. The article also clarified how Debt for Environmental Swaps, as a Green Finance product, can help replacement of fuels. Ms. Fateme Samandi | Mr. Sayeed Sultan Ahmad Hossaini "Impact of Green Finance on the Replacement of Fossil Fuels with Green Fuels – A Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd43640.pdf Paper URL: https://www.ijtsrd.commanagement/accounting-and-finance/43640/impact-of-green-finance-on-the-replacement-of-fossil-fuels-with-green-fuels-–-a-study/ms-fateme-samandi
Authors and Affiliations
Ms. Fateme Samandi | Mr. Sayeed Sultan Ahmad Hossaini
Keywords
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