Question

Green Bonds in India are regulated by which among the following?

Q: Answer-Green Bonds in India are regulated by which among the following?

A green-bond is a tax-exempt bond agreement used to raise money from the market to fund the green projects for the development of the brownfield sites. Brownfield sites are such that they are underutilized and can be developed. Such bonds are issued by World Bank, various municipalities, government agencies etc. In India, these bonds are regulated by SEBI.