Green Finance 2.0

Abstract

The need for the global community to address important issues including climate change, biodiversity loss, and public health concerns is growing. The idea of ‘green finance 2.0' has evolved as a potent paradigm for lining up financial systems with sustainable development and health outcomes in response to these linked problems. This chapter examines the rapidly changing field of green finance, highlighting significant developments and trends that are laying the foundation for a more sustainable and healthy future. By extending its scope and ambition, green finance 2.0 builds upon the guiding principles of the first version. It recognises the need for a comprehensive strategy for sustainability and includes a wider range of environmental, social, and governance (ESG) factors.