Definition of GreenFinance

ArXiv ID: ssrn-2446496 “View on arXiv”

Authors: Unknown

Abstract

Up to today, we do not have a precise and commonly accepted definition of green finance for two reasons. First, many publications do not try to define the term

Keywords: Green Finance, Sustainable Finance, Environmental Metrics, Greenwashing, ESG Standards, Green Bonds / Sustainable Finance

Complexity vs Empirical Score

  • Math Complexity: 0.0/10
  • Empirical Rigor: 0.0/10
  • Quadrant: Philosophers
  • Why: The paper is a conceptual review and proposal for defining ‘green finance’ with no mathematical formulas, statistical methods, or backtesting, focusing solely on literature synthesis and classification.
  flowchart TD
    A["Research Goal: Define Green Finance"] --> B["Methodology: Literature Review"]
    B --> C{"Data/Inputs: Financial & Environmental Metrics"}
    C --> D["Analysis: ESG Standards & Green Bonds"]
    D --> E{"Computational Process: Terminology Comparison"}
    E --> F{"Key Findings: <br> No Common Definition"}
    F --> G["Reason 1: Varying Definitions"]
    F --> H["Reason 2: Greenwashing Risks"]