March 16

India Plans To Sell Green Bonds Worth $3 Billion By March 2024

By Saurabh

India’s central bank is expected to raise $3 billion through sale of green bonds over the next 12 months. 

The Reserve Bank of India may auction green bonds worth $3 billion sometime after September this year.  According to media reports, the bank may offer tenures of up 30-40 years, which it believes would attract insurance companies. 

Photo courtesy Steven Depolo

Source: Clean Technica (link opens in a new window)

Energy, Finance
impact bonds, renewable energy