Green Banking

Green banking refers to the practices implemented by financial institutions to promote environmentally friendly initiatives and sustainable development. This includes offering loans and financial products that support renewable energy projects, energy-efficient technologies, and eco-friendly businesses. By prioritizing investments in sustainable practices, green banking aims to reduce carbon footprints, minimize environmental impact, and encourage responsible resource use. Additionally, it often involves adopting eco-friendly operations within banks themselves, such as reducing paper use and increasing energy efficiency in their facilities. Ultimately, green banking seeks to align financial services with the goals of environmental sustainability.