Q.3 As a part of the government’s overall market borrowings in 2022-23, sovereign green bonds will be issued. In the context of this, discuss the advantages of green bonds as means of finance and a tool to achieve sustainable development goals. (10 Marks)

Mentor’s comment- https://indianexpress.com/article/opinion/columns/lic-ipo-green-bonds-digital-currency-hold-promise-7833419/ https://www.financialexpress.com/market/sovereign-green-bonds-india-has-latched-on-to-global-trend/2446266/ In the intro, briefly explain how green bonds are different from conventional bonds. In the body, mention how green bonds could help in mobilising the resources to finance green infrastructures such as renewable energy, water management and low-carbon building projects. Also mention that they have the potential to attract a larger … Continue reading Q.3 As a part of the government’s overall market borrowings in 2022-23, sovereign green bonds will be issued. In the context of this, discuss the advantages of green bonds as means of finance and a tool to achieve sustainable development goals. (10 Marks)