Sovereign Green Bonds Subject : Economy Context: The Indian government is all set to debut in the green bonds market soon, as laid out in the Union Budget. Details: The Finance Minister in her Budget 2022 speech promised to issue sovereign green bonds. Indian companies have already been tapping into the international green […]

    SOVEREIGN GREEN BONDS TOPIC: Economy Context- Despite govt’s climate focus, grants to key adaptation fund are sliding. The Union Budget 2022-23 emphasised sovereign green bonds and thematic funds for blended finance in areas including climate action. Concepts- Sovereign Green Bonds: Green bonds, issued through the Reserve Bank of India, will be part of […]