Govt may release green bond framework today; financing under 9 categories

Proceeds from green bond issuances will be deposited in the Consolidated Fund of India

The central government will finance projects and initiatives in nine broad categories through its Rs 16,000 crore green bond offering this year and future issuances, Business Standard has learnt. The Finance Ministry’s Green Bond Framework is set to be put in public domain Wednesday evening.

These categories are renewable energy, energy efficiency, clean transportation, climate change adaptation, sustainable water and waste management, pollution prevention and control, green buildings, sustainable management of living natural resources and land use, and terrestrial and aquatic biodiversity conservation. The projects will cover renewable energy, energy efficient buildings, electrification of public transport, climate resilient infrastructure, to