Q. Which Municipal Corporation of India issued the first 'Green Bonds' in the country?
Answer:
Ghaziabad
Notes: The Green bonds issued by Ghaziabad Municipal Corporation was the first of the kind in India. Ghaziabad Municipal Corporation raised a sum of Rs.150 crores through green bond route
The proceeds of the bond were being used for creating tertiary water treatment infrastructure in the city. These bonds have been listed in BSE recently.