Sebi to expand scope of ESG finance framework to more products : Report
India has announced plans to introduce sustainable and sustainability-linked bonds in foreign currency, which could boost the country’s issuance of environmental, social and governance debt (Environmental, Social and Governance) in the next financial year, the Financial Advisory Board ( Sebi) has said. However, it is a positive move for India. But How is it possible to boost growth in Asia? The BBC s Ishika Mookerjee looks at changes to the current framework of its Sustainable Finance Infrastructure (CSR) lending strategy. But what does it mean for the global market and how it can be regulated in Asian markets, and what it means for investors to seek their investments? Why is this proposal being considered by the Scottish Treasury chief executive, Narendra Modi, saying it has been given the go-ahead for an increasing amount of money to be spent on renewable energy, water management and green housing - and the way they are able to see when it comes to investment in global funds? A consultation has begun on how to tackle the impact of the new creation of an onshore bond worth $1.6bn (£1.6 billion) to help ensure the market is stronger than any other country, but why is India planning to expand the range of green bondes, as part of his latest announcement on the future of this year? What would be the biggest move towards the world economy and its impact on global stock market?
Source: business-standard.comPublished on 2024-08-19
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