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Which of the following is/are elements of Green finance?
1. Banking system.
2. Bond market.
3. Institutional investment.
Select the correct answer from the following codes
  • a)
    Only 1
  • b)
    Only 1 and 2
  • c)
    Only 2 and 3
  • d)
    1,2 and 3
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following is/are elements of Green finance?1. Banking sys...
The Rio+20 document clearly states what green economy policies should result in and what they should not. While there is no universal definition of green finance, it mostly refers to financial investments flowing towards sustainable development projects and initiatives that encourage the development of a more sustainable economy (Höhne et al. 2012). Green finance includes different elements like greening the banking system, the bond market, and institutional investment.
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Which of the following is/are elements of Green finance?1. Banking system.2. Bond market.3. Institutional investment.Select the correct answer from the following codesa)Only 1b)Only 1 and 2c)Only 2 and 3d)1,2 and 3Correct answer is option 'D'. Can you explain this answer?
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