Analysis of the Emergence of Environmentally Sustainable Business Practices and the Role of Green Entrepreneurship in Addressing Climate Change and Environmental Issues with Special Reference to Maharashtra State

Green entrepreneurship is a potent force in constructing a more sustainable future. Green entrepreneurs can drive breakthrough ideas, encourage the creation of sustainable businesses, and foster sustainable development through advocating sustainable behaviors and technology. This study addresses Climate Change and Environmental Issues, adding to the recent wave of research on green entrepreneurship. It evaluates empirically whether green economic, social, and environmental performance and green entrepreneurial activities are correlated. Every Maharashtrian entrepreneur or startup business owner who participates in the survey provides data. Structural Equation Modeling was used to statistically analyze the data and show the predictions made based on the literature research. The study's conclusions showed that green entrepreneurship has a favorable influence on green social, economic, and environmental performance. Also, the result shows that green social, economic, and environmental performance has a significant connection between the firms’ climatic change and environmental issues. The study recommends that entrepreneurs who are managing or want to launch new green businesses should receive help from policy initiatives. Policies should thus address other obstacles that green entrepreneurs have to conquer.