From savings to sustainability: Empowering investors in climate finance

Abstract

Climate change is a serious challenge, and enhanced involvement in climate finance to enable mitigation and adaptation is required. This research investigates the relationship between financial capability and the investment of individual investors in climate finance in India, with emphasis on the impact of financial literacy, risk perception, socio-economic characteristics and institutional trust. Employing a mixed-methods design integrating quantitative surveys with qualitative findings the study evaluates the extent of financial capability among Indian investors and determines drivers and hindrances to climate finance engagement.