Sustainable Finance through Green Bonds -Their Emergence and Growth in India
Abstract
Climate Change has changed the minds of people and drawn them to concepts like Sustainability, Environment Protection, Economic and Social development . This deviation from profit oriented concept to Sustainable development called for new methods in financial systems which catered to the Sustainable Development Goals. Green Bonds provided the platform where issuers and investors could come together to achieve their objective of a sustainable world with growth and development going hand in hand with the environment. The study aims to provide an insight into the concepts of Sustainable Finance, Sustainable Development Goals , Green financing and Green bonds. The study seeks to understand the rising Green Bond market in India, its developments and potential challenges and provide suggestions for its growth.