A bond which is issued to finance projects that generate environmental benefits and reduce carbon intensity are known as __________ ?
A Green Bond is a type of a bond which is issued to finance projects that generate environmental benefits, such as renewable energy, energy efficiency, clean transportation and sustainable water projects, among others. A Green Bond, under the ‘ Disclosure Requirements for Issuance and Listing of Green Debt Securities’ circular by SEBI is defined as debt securities which are to be utilised for projects and/or assets falling under any of the following categories: · Renewable and sustainable energy including wind, solar, bioenergy, other sources of energy which use clean technology, etc. · Clean transportation including mass/public transportation, etc. · Sustainable water management including clean and/or drinking water, water recycling, etc. · Climate change adaptation. · Energy efficiency including efficient and green buildings, etc. · Sustainable waste management including recycling, waste to energy, efficient disposal of wastage, etc. · Sustainable land use including sustainable forestry and agriculture, afforestation, etc. · Biodiversity conservation and any other category as maybe notified by SEBI. Note - In the Budget 2022-23, the government has stated that Sovereign Green Bonds will be issued for mobilizing resources for green infrastructure that will help in reducing the carbon intensity of the economy.
Consider the following statements:
1.The Heads of State Council (HSC), the highest decision-making body in the Shanghai Cooperation Organization ...
India's first solar roof cycling track was inaugurated in which city?
Consider the statements about National Centre for Seismology (NCS):
1. An earthquake of magnitude 3.9 hit Jammu and Kashmir's Kishtwar district i...
Match the following:
The RBI recently cancelled the license of a Mumbai-based bank due to inadequate capital and earning prospects. Which bank is this?
Which two countries announced a new strategic pact to counter Russia, China, and economic instability?
In which year was the Indian Olympic Association (IOA) founded under the initiative of Harry Crowe Buck and Dr. A. G. Noehren?
During his visit to Papua New Guinea, Prime Minister Narendra Modi was conferred with the highest honours of which two countries?
The Securities and Exchange Board of India (SEBI) officially has the Investor Risk Reduction Access (IRRA) platform at the Bombay Stock Exchange (BSE). ...
Which country has become the first country in the world to ban thin plastic bags?