India’s First Sovereign Green Bonds Framework

On 9 November, 2022, the government approved the final sovereign green bonds framework for India to boost India’s efforts towards energy transition.

  • India’s first Sovereign Green Bonds framework was formulated and as per the provisions of the framework, Green Finance Working Committee (GFWC) was constituted to validate key decisions on issuance of Sovereign Green Bonds.
  • The Framework comes close on the footsteps of India’s commitments under “Panchamrit” as elucidated by the Indian Prime Minister at COP26 at Glasgow in November, 2021.

About the Framework

Four Components

  • The framework is designed to comply with four components and key recommendations of the International ....
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