Finance, Economics and Sustainability in the Digital Era: Role of Green Finance, SRI
DOI:
https://doi.org/10.64882/ijrt.v14.iS1.963Keywords:
Green Finance, Socially Responsible Investing, Environment, Sustainable Development, Social, governance (ESG)Abstract
Sustainability has emerged as a major concern for economies worldwide due to environmental degradation, climate change and social inequality. The financial and economic systems play a crucial role in supporting sustainable development by directing investments toward environmentally and socially responsible activities. This study aims to examine the role of finance and economics in promoting sustainability, with emphasis on green finance, Socially Responsible Investing (SRI), Environmental, Social, and Governance (ESG). The study adopts a qualitative and conceptual research approach based on secondary data collected from academic journals, government publications and international reports. The analysis reveals that green financial instruments, ESG-based investments and supportive economic policies contribute significantly to environmental protection, financial stability and long-term economic growth. Additionally, inclusive financial models enhance financial inclusion and sustainable livelihoods. However, challenges such as lack of standardized ESG frameworks and limited technological integration remain. The study concludes that coordinated financial policies and sustainable investment practices are essential for achieving long-term sustainable development.
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