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Abstract
To achieve the goal of sustainable development while taking care of the environment is a challenging task.To achieve this goal, the countries need Green finance. The green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. In this context, this paper seeks to explore India's case by evaluating various aspects of green bonds like the regulatory framework for issuance, the role of schedule commercial banks in issuance of green bonds in India, and international comparison of data related to issuance and use of proceed. This paper also discusses issues related to India's Green bond issuance market and recommends developing a national strategy for India's green bond market.
Keywords
Green Bond, Securitization of Green Bond, Green bond and India, Commercial Bank and Green Bond.
Citations
IRE Journals:
Abhishek Kumar
"An Evaluative Study of Green Bond Scenario in India" Iconic Research And Engineering Journals Volume 5 Issue 5 2021 Page 67-73
IEEE:
Abhishek Kumar
"An Evaluative Study of Green Bond Scenario in India" Iconic Research And Engineering Journals, 5(5)
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IRE Journals is an open access online journals established with an aim to publish high quality of research work in various diciplines. We have more than 6 years in publications. Over 2500+ papers already published.
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