Abstract

There is a promulgation in the 21st century that those projects which are green should be given preference for financing, amid growing climate change concerns. As a result, green finance, which deals with financing sustainable projects, is in vogue. This study seeks to understand various investments in green finance as well as the green finance products such as green bonds and green insurance, along with vouching the use of weather derivatives for sustainable finance projects. The factors determining green finance are also incorporated, along with green fintech. The study finds that though investments in green finance are increasing, it is not enough. Government policy and support, innovativeness, and further awareness will determine the further investments in sustainable projects. The combination of fintech and green finance can help society to transition to near zero emissions, and protect the planet.

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