Green Finance in India: Initiatives and Challenges
Green financing involves investments aimed at supporting environmentally sustainable projects and initiatives. It includes financial products like green bonds and loans, designed to fund renewable energy projects, energy efficiency improvements, and other environmentally beneficial activities, fostering a transition to a low-carbon economy.
Initiatives
- Green Bonds: Launched in 2017, India's green bond framework has flourished into a robust ecosystem, attracting over Rs.25,000 crore (US$3.3 billion) in investments for renewable energy, clean transportation, and energy efficiency projects. Each green bond represents a new step towards a sustainable future.
- Green InvIT: Established in 2021, the Green Infrastructure Investment Trust (Green InvIT) serves as a ....
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