[Jan] Green bond

Question 1

What ?

Answer 1

Green bonds, which finance environmentally friendly businesses and assets, have emerged as one of the key financing mechanisms driving the global economy’s transition to a greener future

Question 2

Details

Answer 2

Green bonds typically come with tax incentives to enhance their attractiveness to investors.

The World Bank issued the first official green bond in 2009.

Question 3

India related info?

Answer 3

India’s green bond market has witnessed a number of critical milestones following India’s first green infrastructure bonds issued in February 2015.