Which of the following is / are correct statements with respect to Green Bonds?

  1. They can be debt and equity instruments for investment
  2. They allow both private and public sector organizations to raise capital
  3. They can fund only green projects

Which of the above statements is/are correct?

Answer: [B] Only 2 & 3

First statement is incorrect because green bonds are fixed-income financial instruments for raising capital through the debt capital market.

This question is a part of GKToday's Integrated IAS General Studies Module