A sovereign green bond is a debt investment instrument issued by the central or state government to borrow money from investors with the commitment that the mobilized fund will be spent on climate or ecosystem-related activities.
A statement from the finance ministry on Wednesday said this approval would further strengthen India's commitment towards its Nationally Determined Contribution (NDCs) targets, adopted under the Paris Agreement, and help in attracting global and domestic investments in eligible green project
New Delhi [India], September 29 (ANI): The government on Thursday lowered the market borrowing target for the current financial year by Rs 10,000 crore amid buoyancy in tax collections.