TY - JOUR T1 - GREEN FINANCE FOR SUSTAINABLE DEVELOPMENT: A THEORETICAL STUDY TT - GREEN FINANCE FOR SUSTAINABLE DEVELOPMENT: A THEORETICAL STUDY AU - Agirman, Ensar AU - Osman, Asfia Binte PY - 2019 DA - January JF - Avrasya Sosyal ve Ekonomi Araştırmaları Dergisi JO - ASEAD PB - İrfan TÜRKOĞLU WT - DergiPark SN - 2148-9963 SP - 243 EP - 253 VL - 6 IS - 1 LA - en AB - Sustainabledevelopment, is concerned with meeting the needs of present and futuregenerations by protecting their interests fully and separately without effectingeach other. It ultimately reflects the common belief that there is a singleearth to live, no one can be deprived of. The term “Green Finance” has comeinto existence to complement Sustainable Development by taking care of economicbenefits along with environmental benefits. This paper attempts to demonstratethe theoretical aspect of these basic components with a broad description oftheir areas and applications to make it easier for the readers to get anenhanced idea about them. Taking into consideration the necessity of GreenFinance in Sustainable Development process, some recommendations are alsoprovided that may help to achieve the goal more conveniently. Bettertheoretical concepts in this arena through this paper can motivate researchersto conduct diversified research from different perspectives and angles; in shortto open new doors for research. KW - Green Finance N2 - Sustainabledevelopment, is concerned with meeting the needs of present and futuregenerations by protecting their interests fully and separately without effectingeach other. It ultimately reflects the common belief that there is a singleearth to live, no one can be deprived of. The term “Green Finance” has comeinto existence to complement Sustainable Development by taking care of economicbenefits along with environmental benefits. This paper attempts to demonstratethe theoretical aspect of these basic components with a broad description oftheir areas and applications to make it easier for the readers to get anenhanced idea about them. Taking into consideration the necessity of GreenFinance in Sustainable Development process, some recommendations are alsoprovided that may help to achieve the goal more conveniently. Bettertheoretical concepts in this arena through this paper can motivate researchersto conduct diversified research from different perspectives and angles; in shortto open new doors for research. CR - Asian Development Bank (ADB) (2017). Southeast Asia and the Economics of Global Climate Stabilization. Available online at www.adb.org/sites/default/files/publication/177225/adb-brief-50-sea-global-climate-stabilization.pdf. Access Date: 14.07.2018. 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Theoretical Framework of Green Finance http://unepinquiry.org/wp-content/uploads/2015/04/ECGFS_Background_Paper_A_Theoretical_ Framework.pdf CR - Schaefer, (2011), Green Finance An Innovative Approach to Fostering Sustainable Economic Development and Adaptation to Climate Change, Th e Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. CR - Tasnim C., Rajib D. and Haradhan M. (2013), Green finance is essential for economic development and sustainability. International Journal Of Research In Commerce, Economics & Management. Online at http://mpra.ub.uni-muenchen.de/51169/ CR - Towards A Green Finance Framework, European Banking Federation. Available online at https://www.ebf.eu/wp-content/uploads/2017/09/Geen-finance-complete.pdf. Access Date: 09.05.2018. CR - Wang, Y. & Zhi,Q. 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