International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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GREEN BOND ITS IMPLICATION IN INDIA

    2 Author(s):  DEVDUTTA BHARTI, VIKRAM

Vol -  8, Issue- 5 ,         Page(s) : 14 - 20  (2017 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

The world is talking and emphasize on sustainable development and climate change. For both the problem there is one panacea that is RENEWABLE ENERGY. In current situation the India is a fastest growing economy and the need of energy is increasing day by day, even an estimates suggest that by 2021-22 India demand will be more than double the level in 2011-12(1).

1. 18th electric power survey, Central Electric Authority.
2. Report of expert group on 175 GW RE by 2022, NITI Aayog.
3. http://www.indiaenergy.gov.in/docs/RE_Documentation.pdf
4. International Capital Market Association, “Green Bond Principle 2015”             March 27, 2015
5. The first Green Muni Bond was issued by Massachusetts in June 2013. Gothenburg in October 2013 issued the first Green City bond, https://www.climatebonds.net/market/history (Accessed October 15, 2015)
6. Investor Appetite, Climate Bond Initiative,
https://www.climatebonds.net/market/investor-appetite (Accessed October 15, 2015)

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