46 - India's CB devolves 70% of new Green Bonds

Is this a setback?

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The Climate Mentor
December 1st, 2024 ā€¢ Estimated Reading Time: 4 minutes

Why should you care? ā™»ļø

We saw numerous times how green bonds are the backbone for sustainable finance and are essential for climate change.

In a previous news release, I argued that Asia was an interesting and growing market.

But hereā€™s the twist for one of the majors players in the field: Indiaā€™s latest issuance of green bonds saw a 70% shortfall in demand.

How did this happen?

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