International Journal on Science and Technology

E-ISSN: 2229-7677     Impact Factor: 9.88

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 17 Issue 1 January-March 2026 Submit your research before last 3 days of March to publish your research paper in the issue of January-March.

Green Finance Opportunities in Kerala: A Theoretical Exploration of Sustainable Financial Pathways

Author(s) Dr. Rajani P
Country India
Abstract Green finance has emerged as a critical instrument for achieving sustainable development by directing financial flows toward environmentally responsible projects and practices. In the context of India’s sustainability agenda, Kerala presents a unique case due to its high human development indicators, ecological sensitivity, progressive policy framework, and growing emphasis on renewable energy and climate resilience. This theoretical article explores the concept of green finance and examines the diverse opportunities available for its expansion in Kerala. Drawing on sustainability theory, green growth perspectives, and institutional finance frameworks, the paper analyses key green finance instruments, sector-specific opportunities, policy enablers, and institutional mechanisms relevant to the state. Particular emphasis is placed on renewable energy, sustainable agriculture, green infrastructure, MSMEs, tourism, and climate-resilient development. The study also highlights the role of banks, non-banking financial institutions, government agencies, and private investors in scaling green finance initiatives. By synthesising existing literature and policy discourse, the article contributes to a conceptual understanding of how Kerala can leverage green finance to balance economic growth with environmental conservation and social well-being. The paper concludes by outlining strategic recommendations for strengthening Kerala’s green finance ecosystem.
Keywords Keywords: Green finance, Sustainable development, Renewable energy, Climate finance, Kerala
Field Sociology > Banking / Finance
Published In Volume 17, Issue 1, January-March 2026
Published On 2026-02-25

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