Financial Markets

Green bonds are empowering India’s shift to sustainability by funding renewable energy, green hydrogen, and urban infrastructure. The launch of Sovereign Green Bonds in 2023 raised INR 16,000 crores ($2 billion) for projects like solar parks and metro systems. Corporations and states, such as NTPC and Maharashtra, are also leveraging green bonds for environmental initiatives.

While challenges like greenwashing and market expansion remain, India’s focus on regulatory strength and global collaboration promises to accelerate its green transition. Green bonds are essential to aligning growth with environmental resilience.