Government of India is likely to issue 20000 cr- 25000 cr of green bonds for which it has allowed Foreign institutional Investors (FIIs) to invest in it.
About
Green bonds are a type of fixed-income investment used to fund projects with a positive environmental impact.
Like traditional bonds, green bonds offer investors a stated return and a promise to use the proceeds to finance or refinance sustainable projects, either in part or whole.
They follow the Green Bond Principles stated by the International Capital Market Association (ICMA).
Issues: Transparency and reporting, some bonds may have lower liquidity than traditional ones, greenwashing.
Blue Bonds
Blue bonds are sustainability bonds used to finance projects that protect the ocean and related ecosystems.
They might support sustainable fisheries, protection of coral reefs and other fragile ecosystems, or reducing pollution and acidification.
All blue bonds are green bonds, but not all green bonds are blue bonds.