Year: 2024
Type: article
Abstract: This essay aims to discuss the importance of climate change regarding its impact on humanity and nature. It dives deep into several aspects and levels of global warming, seeking to dig through the problems and come up with viable solutions to each. It also uncovers projects, business investments and financing opportunities relating to the green-house effect, providing business and individuals with ideas and chances to seek advantage within these fields. Furthermore, this paper explores the relationship between financial mechanisms and environmental sustainability, how targeted funding can trigger the transition to a low-carbon economy. By analyzing the roles of public and private sectors, the paper highlights the importance of innovative financial instruments, like green bonds and climate funds. The essay concludes by reinstating the important role of climate finance in achieving international climate commitments and fostering sustainable economies as well as human capitals.
Author: Yingzan Wang
Language: English
Subfield: Finance
Domain: Social Sciences
SDG: Climate action
Open Access status: hybrid
OpenAlex ID: W4405591181