Reported about 2 months ago
India is attempting to boost interest in its green debt as it falls behind in attracting foreign capital, despite enticing tax breaks. The country plans to trade its sovereign green bonds from a new finance hub in Gujarat by March, but a lack of supply and low issuances hinder their market appeal. Even with a projected annual record in ESG debt issuance, India’s green bonds remain unpopular with foreign investors, further exacerbated by concerns over market liquidity.
Source: YAHOO