DRIVING SUSTAINABLE CHANGE: THE ROLE OF GREEN FINANCE AND IMPACT INVESTING IN BUILDING A RESILIENT GLOBAL ECONOMY (KEY IJP************810)

• Mrs. J Joseline Famila,Mr. S Praveen Kumar,J.sharon Jones

Abstract

The global economy is facing significant environmental, social, and economic challenges, exacerbated by climate change, resource depletion, and rising inequalities. As the world seeks to transition to a more sustainable future, green finance and impact investing play a vital role in creating long-term resilience and fostering sustainable growth. Green finance encompasses financial activities aimed at addressing environmental challenges, while impact investing focuses on generating positive social and environmental outcomes alongside financial returns. This paper explores the roles of both green finance and impact investing in facilitating sustainable development, reducing environmental risks, and mitigating social inequalities. It examines their current status, challenges, and opportunities, and presents the case for how these investment strategies can help build a more resilient, inclusive, and sustainable global economy.