The Role of Green Finance in Promoting Solar Powered Irrigation Systems in Pakistan’s Agriculture Sector

Abstract

The study investigates the role of green finance in promoting solar-powered irrigation systems.The researchers examine how green finance supports the use of sustainable solar-powered irrigation systems in Pakistan’s farming sector. Facing a range of major issues like costly energy, dry water supplies and climate change, agriculture is an important part of Pakistan’s economy. SPIS is a useful approach because it can help economically, environmentally and socially. The literature on ways to fund sustainable practice support in Pakistan’s smallholder farming is lacking. In global research, green finance is looked at often in energy and infrastructure; however, its effect on enabling SPIS for smallholders in developing agriculture is rarely considered. Data for this study were gathered by distributing structured questionnaires to farmers and landlords and were analyzed statistically using SPSS. The report shows if different green finance instruments like concessional loans, green bonds and public-private partnerships, can tackle financial problems and are in line with global goals such as SDG 7 (Affordable and Clean Energy), SDG 13 (Climate Action) and SDG 2 (Zero Hunger). The study recommends several steps that policymakers can take to open up green finance to all and encourage greater use of SPIS. It makes agriculture in Pakistan more sustainable, climate ready and energy efficient, as well as provides a roadmap to achieve this through new financial tools. This research highlights the transformative prospective of green finance in development of sustainable agricultural practices. It provides actionable policy recommendations for increasing green finance access and helping SPIS adoption. It will definitely contribute to Pakistan's climate resilience, energy efficiency, and food security. This study offers a roadmap by addressing financial and structural barriers, by the help of green finance to achieve a sustainable agricultural revolution in Pakistan.