What do you understand by Green Debt Securities? Explain.
CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · June 2021
What do you understand by Green Debt Securities? Explain.
Answer & Explanation:
A Debt Security shall be considered as "Green or Green Debt Securities", if the funds raised through issuance of the debt securities are to be utilised for project(s) and/ or asset(s) falling under any of the following broad categories: Renewable and sustainable energy including wind, solar, bioenergy, other sources of energy which use clean technology etc.; Clean transportation including mass/public transportation etc.; Sustainable water management including clean and/or drinking water, water recycling etc.; Climate change adaptation; Energy efficiency including efficient and green buildings etc.; Sustainable waste management including recycling, waste to energy, efficient disposal of wastage etc.; Sustainable land use including sustainable forestry and agriculture, afforestation etc.; Biodiversity conservation; Any other category as may be specified by SEBI, from time to time.
Topics: Debt Securities
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