58 In a historic move, the Reserve Bank of India (RBI) has announced that it will be issuing green bonds in two tranches of 8,000 crores each. This is a significant step towards promoting the use of renewable energy sources in the country, as the proceeds from the sale of these bonds will be used to finance projects in the clean energy sector. This move is not only good for the environment, but it also provides a much-needed boost to the country’s clean energy sector and helps to move India closer to meeting its ambitious renewable energy targets. It will be a great attraction for investors who are interested in investing in green projects. This announcement is seen as a major step forward in the country’s efforts to combat climate change and move towards a sustainable future. You Might Be Interested In Western nations accept ‘climbdown’ on Ukraine to salvage G20’s relevance Peso weakens anew vs dollar following BSP’s policy decision Bond expert says Japan hikes could spark a decade of repatriation America is courting India in part for its growing economic clout Adjust Your Extra Automatic Mortgage Payments When Rates Rise Deteriorating American Trade Initiative in Asia
