Abstract

This study examines the convergence of sustainable finance and green financing theories in addressing global nutrition challenges, with a focus on the dual issues of environmental degradation and malnutrition. By using a new theoretical framework, the study shows how financial tools usually used for environmental projects, like green bonds, sustainability-linked loans, and environmental impact investments, can be used to help with global nutrition initiatives. The Triple Bottom Line (TBL) Theory anchors the framework, emphasizing the convergence of environmental sustainability, social responsibility, and economic viability in boosting food security. Additionally, the study draws upon the Environmental Kuznets Curve (EKC) hypothesis and the Polluter Pays Principle (PPP) to elucidate how green financing can simultaneously mitigate malnutrition and preserve ecosystems. The study underscores the theoretical implications of applying green finance to nutrition projects, examining both the advantages and challenges, particularly in developing countries where resource constraints and environmental degradation are more acute. The study also identifies key risks associated with green financing, including political, regulatory, and currency risks, and proposes strategies for managing these risks. Furthermore, the study provides insights into future research directions, exploring the role of impact investors and the application of digital finance innovations, such as blockchain, in enhancing the efficacy of green financing for nutrition projects.