As India’s renewable energy sector growth continues to outpace all other global economies, as shown in a new report by the Institute for Energy Economics and Financial Analysis (IEEFA), the Budget announcement on issuing green bonds – which are among the most widely used instruments for funding green infrastructure – will massively support this trajectory. The union budget 2022 unveiled by India’s finance minister yesterday includes a plan for issuing sovereign green bonds for projects that will assist in reducing the carbon intensity of the economy.
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Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/renewable-energy-financing-landscape-india
[2] http://www.indiaenvironmentportal.org.in/files/file/Renewable Energy Financing in India.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/institute-energy-economics-and-financial-analysis-ieefa
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india