Honors College Theses

Publication Date

2023

Major

Finance (BBA)

Document Type and Release Option

Thesis (open access)

Faculty Mentor

Katie Pham

Abstract

With dire climate circumstances looming, simply recycling aluminum cans and driving EV cars is not enough to offset the past consequences our planet has withstood. Large initiatives have to be set in motion to combat and ward off future problems, which takes the amount of money that is afforded by dedicated investments. Private and public sectors are putting their money into green banking, which is proving to provide impressive returns. This paper examines the progress that has been made due to green investments and how the planet can be the recipient of groundbreaking and impactful initiatives. I will focus mostly on the United States but will briefly examine what other countries are doing to help with this worldwide issue. Without changes and progress, climate change can have devastating effects, which are currently being noted. I also mention what will happen if green banks do not have funding or are not funneling money to the proper areas of research, funding, and loans.

Thesis Summary

With dire climate circumstances looming, simply recycling aluminum cans and driving EV cars is not enough to offset the past consequences our planet has withstood. Large initiatives have to be set in motion to combat and ward off future problems, which takes the amount of money that is afforded by dedicated investments. Private and public sectors are putting their money into green banking, which is proving to provide impressive returns. This paper examines the progress that has been made due to green investments and how the planet can be the recipient of groundbreaking and impactful initiatives.

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