Green Bonds - issued to raise money for a ‘green’ project like climate change, etc
Q. Green Bonds are issued to raise money for which of the following projects?
1) Climate change
2) Renewable energy
3) Waste management- Published on 23 Feb 16a. 1, 2
b. 2, 3
c. 1
d. All of the above
ANSWER: All of the above
- Green bonds, as the name suggests, refer to bonds issued to raise money for a ‘green’ project like climate change, renewable energy, sustainable water or waste management or clean transport.
- In January 2016, the Securities and Exchange Board of India (SEBI) issued the regulatory framework for issuance of such bonds by Indian companies.
- UK is also encouraging Indian companies that may be looking at projects, such as those for renewable energy, to raise money in the UK through green bonds.
