Page 5 - Green Bonds

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

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

Adani Group considers raising $10 bn debt in lower-cost debt, green bonds

Gautam Adani's group is looking to raise at least $10 billion in new debt over the next year as his conglomerate seeks to refinance its high-cost borrowings and fund projects in the pipeline

State-owned NBFCs looking to tap into India's first sovereign green bonds

The finance ministry is yet to confirm their participation and draw broad contours of the bond issuance

Transition Bonds poised to hit $1.5 trillion: Climate Bonds Initiative

The market for these new securities is set to hit $1.5 trillion by the end of the decade, up from just $12 billion, according to the Climate Bonds Initiative, the world's No. 1 certifier of green debt

Sovereign Green Bonds: What lessons can India draw from other nations

As of mid-2022, there are 26 countries with combined volumes of $227 billion in sovereign green debt

Adani, Tata Power plan to raise $1.3 bn in green bonds for new projects

Adani Green to launch $1 bn bond by December; Tata Power to raise $320 mn this month

Centre cuts FY23 borrowing target by Rs 10k cr amid robust tax collections

The government will borrow Rs 5.92 trillion, or 41.6 per cent of the new FY23 target, in October-March, including from the issuance of its maiden sovereign green bonds of Rs 16,000 crore

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

Govt draws up plans to address concerns of green bond investors

A government official aware of the developments said the treatment for such bonds had to be different from that for the money raised through various types of cess

India is counting on debut sovereign green bond to lower financing costs

The govt has developed a framework to sell the debt in line with widely-used principles from the International Capital Market Association, and is also liaising with the World Bank over best practices

Top headlines: Centre's cap on green bond issues, RBI's message, and more

Business Standard brings you the top headlines at this hour

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

Currency turmoil risks undermining India's debut sovereign green bond

The currency has slumped more than 45 this year amid concern the RBI is behind the curve in tackling inflation, with elevated crude oil prices adding to pressures on the net

PFC lists 300-million euro green bonds on Luxembourg Stock Exchange

PFC Chairman and Managing Director (CMD) RS Dhillon rang the bell at the listing ceremony held in GIFT IFSC Gujarat on Wednesday, the company said in a statement

India share of global green bonds off highs despite record issuance in 2021

The money raised in 2021 is 58.1% higher than $4.3 billion raised in 2017. A lower share would indicate that other countries have been making more use of the mechanism

India scurries on green bond plans to secure energy needs ahead of Europe

Both regions seek to attract big money to build renewable capacity and prune reliance on Russian gas following the outbreak of the Ukraine war

Philippines offers at least $500 mn green bonds to European investors

The Southeast Asian country aims for a 75% reduction in greenhouse gas emissions by 2030 under its commitment to the Paris Agreement on Climate Change

Green bonds to be rupee-denominated with long tenure: DEA secy

FM Nirmala Sitharaman in her Budget Speech announced that the government proposes to issue sovereign green bonds to mobilise resources for green infrastructure

Decoded: What are sovereign green bonds, and why are they called so?

Both markets and environmentalists have been a thumbs-up to the Budget 2022 proposal to issue Sovereign Green Bonds. What are these bonds, and why are they called green?