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@article{196101,
author = {Mrs. Bhavani Danam},
title = {Case Study on Green Bonds in India An Analysis of Sovereign Green Bonds Issued by The Government of India},
journal = {International Journal of Innovative Research in Technology},
year = {2026},
volume = {12},
number = {no},
pages = {19-22},
issn = {2349-6002},
url = {https://ijirt.org/article?manuscript=196101},
abstract = {Green bonds have emerged as an important financial instrument for mobilizing funds toward environmentally sustainable development. India entered a new phase of green financing with the issuance of Sovereign Green Bonds in 2023. This paper presents a case study analysis of India’s Sovereign Green Bonds issued by the Government of India to finance climate-friendly public sector projects. The study examines the objectives, structure, utilization of funds, and impact of sovereign green bond issuance on sustainable infrastructure development. Based on secondary data obtained from policy documents, institutional reports, and financial publications, the study finds that sovereign green bonds have strengthened investor confidence and promoted sustainable financing practices in India. However, challenges such as limited market liquidity and investor awareness continue to influence market expansion. The study concludes that sovereign green bonds represent a significant step toward integrating environmental sustainability into public financial management.},
keywords = {Green Bonds, Sovereign Green Bonds, Sustainable Finance, Climate Finance, India.},
month = {March},
}
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