An overlook on the relationship between green finance and the environment

Year 2022, Volume: 6 Issue: 2, 122 - 128, 31.12.2022

Yunus Emre Kahraman

https://doi.org/10.32571/ijct.1199748

Cited By: 1

Abstract

This study aims to explain the relationship between green economy, green finance and the environment. Environmental sensitivities have become related to production with the increase in global warming, greenhouse gas emissions and carbon emission rates. As the relationship between production and the economy has increased, some financial instruments have emerged in order to be environmentally sensitive. The purpose of these products is primarily to protect the environment and to include environmentally conscious people in this financial system. In the personal or individual green finance dimension, green mortgages, green home loans, green commercial building loans, green car loans and green credit cards are the most prominent green financing. When environmental green financing products related to firms are analyzed, we come across some products such as green project finance, green securities, green technology leasing, carbon finance. Eco fund and carbon fund in the asset management section, car insurance, carbon insurance and green insurance in the insurance section. Considering that our environment is essential for all humanity, supporting and increasing green financing products that are environmentally sensitive will make more positive contributions both our country and the world.

Keywords

Environment, Green Projects, Finance, Financing, Green Financing

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