Green Finance through New Transformative Instruments in India" by Gaurika Malhotra is a comprehensive study of the various innovative financial instruments that have emerged in India to promote sustainable investments and mitigate the impacts of climate change. The book explores the intersection of finance and sustainability, providing readers with an in-depth understanding of the role of financial institutions and markets in addressing environmental challenges.


Through a combination of theoretical analysis and empirical research, Malhotra examines the potential of various financial instruments such as green bonds, carbon credits, and green loans in promoting environmentally responsible investments. The author also assesses the regulatory frameworks and policies that have been put in place to support these instruments and evaluates their effectiveness in achieving their intended goals.


The book's focus on India is particularly relevant, given the country's rapidly growing economy and the significant environmental challenges it faces. Malhotra highlights the need for sustainable finance to be integrated into mainstream financial systems and for financial institutions to play a more proactive role in promoting sustainable investments.


Overall, "Green Finance through New Transformative Instruments in India" is a valuable resource for academics, policymakers, and practitioners interested in the intersection of finance and sustainability, offering a comprehensive analysis of the innovative financial instruments that are driving the transition towards a more sustainable future