This research paper is a theoretical review of work on green finance and is supposed to probe into the prominence of green finance in the arena of sustainable development and environmental protection. There is an overview of concepts, mechanisms, products, services of green finance along with the prospect of it. This paper put major consideration to the development of market mechanisms and formulation of policies through key drivers explained for policymakers. An attempt is made to eradicate contradictions between business demands and environmental issues in the context of green finance. Several measures are proposed essentially for the good accomplishment of ecological balance and objectives of green finance.

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Keywords: Green Finance, Green Finance Mechanism, Green Bond, Climate Finance, Sustainable Development.