Page 2 - Green Bonds Issuance

NABARD aims to raise Rs 3000-5000 cr in debut green bond issue: Report

Currently, NABARD is getting necessary certifications and approvals to comply with the market regulators' guidelines on green debt issuance, a company official said

Projects worth Rs 19,000 cr to get grants under Sovereign Green Fund

Centre looks to raise Rs 16,000 cr this fiscal via green bonds. The Budget, however, does not say whether or not bond issuance will be the sole contributor to the fund

India's green bond issuances have grown slower than peers, shows data

Dedicated ESG debt funds may be a key factor to help issuances grow

India to enter green bond market with $1 billion debut auction on Wednesday

If this sovereign auction is over-subscribed and the cutoff yield materially lower than regular government bonds, it would encourage larger green issuance next year

Insurers can classify green bond purchases as infra investments: Irdai

The investments in green bonds can qualify towards statutory liquidity ratio (SLR) - the minimum percentage of deposits commercial banks are required to invest in liquid assets, such as government bon

RBI announces green bonds, to be auctioned in 2 parts of Rs 8,000 cr each

The proceeds from the bonds will be deployed in public sector projects which help in reducing the carbon intensity of the economy, said RBI

Govt likely to sell 11% stake in IRFC by FY24 as part of disinvestment plan

Senior officials say govt plans to bring own shareholding down to 75%;

Issuers of municipal debt securities can issue green bonds, says Sebi

Capital markets regulator Sebi on Thursday said issuers of municipal debt securities can issue green bonds in compliance with rules governing issue and listing of non-convertible securities. A green bond is like any other bond where a debt instrument is issued by an entity for raising funds from investors. The proceeds of a green bond offering are 'ear-marked' for use towards financing green projects. Sebi (Issue and Listing of Municipal Debt Securities) or ILMDS rules provide the framework for issuance and listing of municipal debt securities. It also specified the continuous disclosure and compliance requirements to be complied with by issuers of Municipal Debt Securities. The ILMDS rules do not define 'green debt security'. However, Sebi's (Issue and Listing of Non-Convertible Securities) or NCS norms defines green debt security. Further the regulator, in 2021, came out with operational guidelines providing the initial and continuous disclosure requirements for entities issuing

RBI targets selling first batch of green bonds as early as December

Reserve Bank of India, the nation's debt manager, is preparing to sell its first ever batch of sovereign green bonds as early as next month, according to people with knowledge of the matter

Govt to finance green bond projects and initiatives under 9 categories

Proceeds will be deposited in the Consolidated Fund of India

Rs 16K-crore green bond framework to cover funding across sectors

The framework is expected to cover funding of green and sustainable infrastructure across sectors such as roads, railways, urban transportation, and even agriculture and social sector

Decoded: What are green bonds and how much will be the govt issue?

Green bonds are debt instruments the proceeds of which are utilised to finance projects that are beneficial to the environment

Centre may cap upcoming first green bond issues at Rs 25,000 crore

Green bond proceeds will be used to fund projects which will help India meet COP commitments

Decision on issuance of green bonds next month, says RBI Governor

The Budget had indicated that green bonds are part of the overall borrowing for the next financial year

Sustainable bond issuance volumes of FIs, DBs to approach $300 bn in 2021

According to Moody's Investor Service, this expectation is based on the average annual rate of growth in green bond issuance since 2015

Continuum Wind Energy to issue maiden green bond worth $500-600 mn

Continuum Wind Energy Ltd was founded in 2012 and is focused on establishing an independent renewable power producer business in India

ReNew Power to raise $460 mn in green bonds to finance domestic debt

ReNew Power this way gets shielded from exchange rate volatility, while the FPI hedges its exposure

Going Green: Global sustainable bond issuance tops $99.9 bn in Q2 FY20

Record quarterly issuance of both social bonds at $33 billion and sustainability bonds at $19.1 billion drove the strong combined total

Germany plans to generate 'green bonds' worth up to $13 billion this year

The German government plans to generate up to 11 billion euros ($13 billion) for clean transportation and renewable energy projects this year by issuing so-called green bond, officials said on Monday.

Green bonds issuance likely to swell soon

Proposed RBI guidelines to give a boost to the instruments