Which of the following is / are correct statements with respect to Green Bonds?
- They can be debt and equity instruments for investment
- They allow both private and public sector organizations to raise capital
- They can fund only green projects
Which of the above statements is/are correct?
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