Q. Consider the following statements regarding “Green Bonds”:
1. The proceeds from green bonds are ear-marked to finance green projects.
2. India’s First Green Bond was issued by SEBI in 2015.
Which of the statements given above is/are correct? 
Answer: A
Notes:
Green bonds are debt instruments issued by financial, non-financial or public entities where the proceeds are ‘ear-marked’ for use towards financing ‘green’ projects.
- India’s First Green Bond was issued by Yes Bank Ltd in 2015.
- In 2016, India became second country (after China) to provide national level guidelines for Green bonds, issued by SEBI.
- According to the 2019-20 Economic Survey, India has the second largest green bond market among emerging economies after China.
- India has issued $10.2 billion of green bonds in the first half of 2019.
- India’s first listed Green Bond on ‘India INX’ issued by Indian Railway Finance Corporation.
Source: The Hindu
