“An Analytical Study of Role of Green Finance in Sustainable Development Goals (Sdgs): Indian Context”

Abstract: The present study investigates the role of Green Finance in achieving the Sustainable Development Goals (SDGs) within the Indian context. Using secondary and data for the period 2015–2024, the paper examines how financial flows toward environmentally sustainable activities influence the country’s progress toward sustainable development. Correlation and regression analyses were conducted using simulated data on Green Finance (USD billion), Renewable Energy Capacity (GW), and SDG Progress Index (0–100 scale). Results show a strong positive correlation between Green Finance and SDG Progress (r = 0.992, p < 0.001). The multiple regression model revealed that Green Finance significantly influences SDG performance (β = 1.5388, p = 0.0275), while Renewable Energy Capacity had an insignificant independent impact. The findings highlight the critical role of financial instruments and green policies in accelerating India’s transition toward a low-carbon, inclusive, and sustainable economy.