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HOW DOES GREEN FINANCE IMPROVE
ENERGY EFFICIENCY AND RENEWABLE
ENERGY DEVELOPMENT WITHOUT
REDUCING ECONOMIC GROWTH?
Case study: G7 & E7 countries
Ecological Economics Report
15019012-BFA616
, Table of Contents
Introduction....................................................................................................................................................2
I. Understanding the role of Green Finance in Promoting Sustainable Development...................................3
II. Promoting and supporting Energy Efficiency & Renewable Energy Development through Green Finance
........................................................................................................................................................................6
III. Balancing Economic Growth with Environmental Sustainability through Green Finance........................9
Conclusion & recommendations for future leaders and managers....................................11
Introduction
Recent G7 development in generating green financial markets and financial systems has created a lot
of discussion around the function and role of green finance improvement in fostering green
efficiency within the G7 and E7. The use of green finance has developed as crucial instrument in the
transformation into greener economy for many countries. The CBI or the Climate Bond Initiative has
stated that overall output of green bonds released in 2021-2022 was $55.8 billion, 22% of world
offerings being accounted (Abbas 2021; Iqbal 2021; Zeng 2022). Equally, green financing is becoming
more accessible and commonly accessible in recent years the interest and the huge implication on
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