Question
With reference to the sovereign green bonds’ framework, consider the following statements:
With reference to the sovereign green bonds’ framework, consider the following statements:
I. Green bonds are financial instruments that generate funds for investment in environmentally sustainable and climate-suitable projects.
II. The proceeds will be deposited to the Public Accounts of India in line with the regular treasury policy.
III. Green bonds command a relatively lower cost of capital compared to regular bonds. Which of the above statement is/are not correct?
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