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Role of Green Banking in Sustainable Development
Taking environment and climate changes into consideration in what we do has become very important. Banking and finances is probably one of the areas one might not think one can do anything about, but there's surprising amount that one can do to ensure that money and finances are being managed in a green, ethical way. Green banking as a term covers several different areas, but in general refers to how environmentally friendly banks are, and their commitment to green and ethical policies.
This paper is an attempt to understand issues of Green Banking and its impact to the bank, customers and society in general.
Keywords
Green Banking, Clean Development Mechanisms (CDMs), Carbon Neutral Banks, Environment Impact Assessment (EIA).
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