Abstract
The present paper identifies the growing prominence of green bonds in the global markets. The paper is aimed at identifying the benefits and drawbacks of issuing the green bonds. Descriptive methodology is applied to understand the issue, impact and guidelines regarding green bonds. It is done with the help of drawing inferences from different countries’ policies regarding issuance of green bonds. India should promote green bonds for a greener future of the country and world at large. This should be done under implicit guidance from various regulatory authorities to provide the investors with security and good returns.
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