Green Bonds Current Affairs, GK & News

Green Bonds

With the aim of promoting green economy across the world, green bonds have been initiated to finance the environment friendly businesses and assets. The first two banks to issue these were the World Bank and the European Investment Bank. They have attracted corporates and financial institutions across the world and became popular very quickly. In ..

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Tax – Paid Green Bond Issuance

The Government of India issues green bonds to develop the clean energy sector in the country. The bonds act as security for a loan. Usually, the bonds are tax-free. Taxes are exempted to increase the number of green projects in the country. The Power Ministry recently proposed the tax – paid bonds. Should I pay ..

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Maiden Tranche of Sovereign Green Bonds

The Government of India issues bonds to support environmental projects. These bonds that bring in resources to implement such climate-related projects are called Sovereign Green Bonds. They are similar to government securities. The first tranche, meaning the first part or portion of the Sovereign Green Bonds, was recently launched. The net worth of the Green ..

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India’s First Sovereign Green Bonds Framework

The Central Government recently released the framework for the proposed sovereign Green Bond. What are Green Bonds? Green bonds are financial instruments that generate proceeds for the investments in environmentally-suitable and climate friendly projects. These instruments have lower capital cost than regular bonds. Indian Government announced at the Union Budget 2022-23 that it will issue ..

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Asia Pacific Sustainability Index 2021

The Asia Pacific Sustainability Index 2021 was recently launched by Knight Frank, which is a Global property consultant. Highlights In the index, four Indian cities viz., Bengaluru, Hyderabad, Delhi, and Mumbai, have been ranked among top 20 sustainable cities. In it, 36 cities were ranked on the basis of urbanisation pressure, carbon emissions, climate risk, ..

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PFC: Green bonds on Luxembourg Stock Exchange

State-owned Power Finance Corporation (PFC) has announced that its maiden green bonds worth 300 million euros have been listed on the Luxembourg Stock Exchange (LSE). RS Dhillon, PFC Chairman and Managing Director (CMD) rang the bell during the listing ceremony that was held in GIFT IFSC Gujarat. The listing has been done under which agreement? ..

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What are Sovereign Green Bonds?

During the Union Budget presentation, the Finance Minister Nirmala Sitaraman announced the issuance of “Green bonds”. These bonds are to be issued to mobilise green infrastructure resources. What are green bonds? Green bonds are debt instruments. The money collected by selling these bonds are invested in projects that have positive impact on the environment. The ..

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