Sebi to finalise norms for Green Bonds post comments from MNRE

Sebi to finalise norms for Green Bonds post comments from MNRE

Capital markets regulator Sebi will soon finalise its guidelines for listing of Green Bonds, which would facilitate raising of funds for investment in renewable energy space, after incorporating comments from the Ministry of New and Renewable Energy (MNRE).

Over a year ago, Sebi’s board had approved detailed draft norms for issuance and listing of Green Bonds in the stock market to help meet the huge financing requirements worth USD 2.5 trillion for climate change actions in India by 2030.

However, the final guidelines are hanging in balance since then for want of certain inputs from the government side, a senior official said. Read More…

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