Centre may raise green bond target by 25% in FY26
Hindustan Times|December 13, 2024
The government plans to raise ₹25,000-26,000 crore through sovereign green bonds in the next financial year, marking a 25% increase from its ₹20,000 crore target for FY25, to boost financing for climate-friendly projects, two people familiar with the matter told Mint.
Rhik Kundu
Centre may raise green bond target by 25% in FY26

The move aligns with the Union government's objective of leveraging green bonds more extensively to fund sustainable infrastructure projects, with an announcement likely in the upcoming budget, the people said.

"The borrowings made through green bond instruments during the next fiscal (FY26) are likely to be about 25-30% higher than the previous fiscal as there is a demand for sustainable bonds," the first person said, requesting anonymity.

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Hindustan Times

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Hindustan Times

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Hindustan Times

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