No abstract

There is a possibility that worldwide expenditures in renewable energy and energy efficiency projects could fall much further in 2017 and 2018. This may jeopardize the Sustainable Development Goals (SDGs) and the Paris climate change agreement. Lack of access to private financing slows the development of green initiatives. Now that sustainable energy isn't about science and technology, it's all about getting financing. Therefore, recent study intended to investigate the role of green financing for maximum renewable electricity generation and efficiency of energy in United States of America (USA). Our study suggested to value environmental initiatives, like other infrastructure initiatives, for greater electricity generation and energy efficiency in USA. Such infrastructural projects need long-term financing and capital-intensiveness. Our findings suggest that to sustain growth, development, and energy poverty reduction, around $26 trillion would be required, in terms of green financing, in the USA alone by the year 2030 to enhance energy efficiency. To achieve energy sustainability goals in USA, recent research suggested some policy implication considering the post COVID-19 time. If suggested policy implications are implemented successfully there are chances that green financing would make energy generation and energy efficiency as effective.