Green Finance: Global outlook and comparative analysis among BRICS Nations

Abstract

The world is moving towards achieving the goal of sustainable development at its best. Two big summits took place in the last decade with a prime focus on ensuring sustainable development. Green finance is one of the tools which can contribute to the said goal in a big way. The present article is an attempt to provide an understanding of green finance and its global outlook. It also highlights on the importance of BRICS nations’ economies, while providing a comparative analysis of green finance on environmental issues, initiatives amongst among BRICS nations for green finance. The last section provides concluding observations for policymakers and managers towards attainting the goals of sustainable development.