Blue Bonds
Blue bonds are a relatively new type of debt instrument that are issued to support financial commitments to blue economies and wholesome oceans. Blue economy refers to the sustainable exploitation of ocean resources for job creation, income improvement, and economic expansion.
- The idea of blue bonds has been put forth by SEBI as a means of sustainable financing.
- Blue bonds present a chance to mobilise capital from the private sector to promote the blue economy.
- India uses blue bonds in a number of blue economy sectors, including offshore wind generation, sustainable fisheries, and oceanic resource ....
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