Green Bonds - issued to raise money for a ‘green’ project like climate change, etc

Q.  Green Bonds are issued to raise money for which of the following projects?

1) Climate change
2) Renewable energy
3) Waste management

- Published on 23 Feb 16

a. 1, 2
b. 2, 3
c. 1
d. All of the above

ANSWER: All of the above
 
  • Green bonds, as the name suggests, refer to bonds issued to raise money for a ‘green’ project like climate change, renewable energy, sustainable water or waste management or clean transport.
  • In January 2016, the Securities and Exchange Board of India (SEBI) issued the regulatory framework for issuance of such bonds by Indian companies.
  • UK is also encouraging Indian companies that may be looking at projects, such as those for renewable energy, to raise money in the UK through green bonds.

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