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An Evaluative Study of Green Bond Scenario in India
Subject area: Management and Commerce · Area of research: FINANCE
Abstract
To achieve the goal of sustainable development while taking care of the environment is a challenging task.To achieve this goal, the countries need Green finance. The green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. In this context, this paper seeks to explore India's case by evaluating various aspects of green bonds like the regulatory framework for issuance, the role of schedule commercial banks in issuance of green bonds in India, and international comparison of data related to issuance and use of proceed. This paper also discusses issues related to India's Green bond issuance market and recommends developing a national strategy for India's green bond market.
Keywords
Green Bond, Securitization of Green Bond, Green bond and India, Commercial Bank and Green Bond.
How to cite this paper
@article{1702960,
author = {Abhishek Kumar},
title = {An Evaluative Study of Green Bond Scenario in India},
journal = {Iconic Research And Engineering Journals},
year = {2021},
volume = {5},
number = {5},
pages = {67-73},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1702960.pdf},
abstract = {To achieve the goal of sustainable development while taking care of the environment is a challenging task.To achieve this goal, the countries need Green finance. The green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. In this context, this paper seeks to explore India's case by evaluating various aspects of green bonds like the regulatory framework for issuance, the role of schedule commercial banks in issuance of green bonds in India, and international comparison of data related to issuance and use of proceed. This paper also discusses issues related to India's Green bond issuance market and recommends developing a national strategy for India's green bond market.},
keywords = {Green Bond, Securitization of Green Bond, Green bond and India, Commercial Bank and Green Bond.},
month = {November},
}