http://www.iaeme.com/IJM/index.asp 102 editor@iaeme.com International Journal of Management (IJM) Volume 12, Issue 1, January 2021, pp. 102-110. Article ID: IJM_12_01_010 Available online at http://www.iaeme.com/ijm/issues.asp?JType=IJM&VType=12&IType=1 Journal Impact Factor (2020): 10.1471 (Calculated by GISI) www.jifactor.com ISSN Print: 0976-6502 and ISSN Online: 0976-6510 DOI: 10.34218/IJM.12.1.2021.010 © IAEME Publication Scopus Indexed GREEN BANKING PROSPECTS IN PAKISTAN: A SYSTEMATIC LITERATURE REVIEW Sumreen Jafar PhD Scholar, IMS- The Institution of Management Sciences, UOB - University of Balochistan, Quetta, Pakistan Dr. Beenish Malik Lecturer, IMS- The Institution of Management Sciences, UOB - University of Balochistan, Quetta, Pakistan Asma Azhar Assistant Professor, Commerce Department, SBK Women’s University, Quetta, Pakistan Dr. Muhammad Shafiq Commerce Department, UOB - University of Balochistan, Quetta, Pakistan ABSTRACT All over the world balanced development is emphasized by government to ensure the ability of the country to advance its economy without having any destructive consequences on the economy. Environmentalist consider green banking as one of the valuable arms in order to ensure sustainable development. To implement green banking policy environmental stakeholders today are encouraging financial community strictly to aid in environmental protection. The core objective is to study the green banking impact on sustainability, explore the dimensions of green banking and also to study the prospects of green banking in Pakistan. A systematic review of the literature was performed to achieve the objectives of the study. The published literature suggests that green banking has significant impact on sustainability and the dimensions explored are usually at the initial stage. The issuance of green banking guidelines by central bank of Pakistan ensure the responsibility of banks to support the initiative policy that transform the economy of the country towards climate resilient and low carbon economy.