A government-owned non-banking financial institution in India has raised $750 million through the issuance of green bonds. According to media reports, REC Limited has raised $750 million through green bonds with a tenure of five years. The bond issue is said to have been part of the company’s Global Medium-Term … [continued]
India’s central bank is expected to raise $3 billion through sale of green bonds over the next 12 months. The Reserve Bank of India may auction green bonds worth $3 billion sometime after September this year. According to media reports, the bank may offer tenures of up 30-40 years, which … [continued]
The government of India is planning to raise billions of dollars by issuing up to $3.3 billion (equivalent) in “green bonds” to fuel its ambitious renewable energy targets, according to media reports. According to Investopedia, “a government bond is a debt security issued by a government to support government spending and … [continued]
A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.
A Japanese company successfully raised funds for the production of electric vehicle parts using green bonds. Meidensha Corporation (Meiden) recently secured funding worth US$55 million through the sale of green bonds. The funds raised in this exercise will be used for the mass-production of electric vehicle parts, the company reported. … [continued]
One of India’s leading renewable energy generation companies is on a fundraising spree. Greenko Energy Holdings recently raised funds by selling green bonds, for the second time in nearly two years. According to media reports, Greenko successfully raised $950 million in green bond sales. The bonds were priced at a … [continued]
Two large private renewable energy developers in India are planning to raise US$500 million each through sale of green bonds. The move highlights the tightening flow of funds in the Indian market due to the sustained crisis in the banking sector.
For a second consecutive year, green bonds issuance has crossed $100 billion, marking a major milestone for low-carbon funding around the world.
After a record-breaking issuance last year, the international green bonds market is set for a new record this year.
The global green bonds market has scored yet another record issuance during the first half of 2017. A record $56 billion was issued during the first six months of the year while the second quarter saw issuance of $30 billion, the Climate Bonds Initiative reported.
