Since SEBI’s framework of green debt securities, in 2017, there have been multiple events in the sustainable finance space, thereby necessitating a review in the Indian context. In this context, SEBI, through its consultation paper, is seeking public comments on a proposed regulatory framework: a. to amplify the definition of green debt securities, b. to introduce the concept of blue bonds c. to reduce the compliance cost for issuers of green debt securities with while not creating any perverse incentives that may lead to ‘greenwashing’.
Since SEBI’s framework of green debt securities, in 2017, there have been multiple events in the sustainable finance space, thereby necessitating a review in the Indian context.
In this context, SEBI, through its consultation paper, is seeking public comments on a proposed regulatory framework: a. to amplify the definition of green debt securities, b. to introduce the concept of blue bonds c. to reduce the compliance cost for issuers of green debt securities with while not creating any perverse incentives that may lead to ‘greenwashing’.
Linked below is the SEBI’s consultation paper.