CURRENT AFFAIRS : BANKING & FINANCE
SEBI Strengthened framework for green bonds
- Markets regulator Securities and Exchange Board of India (SEBI) strengthened the framework for green bonds by introducing the concept of ‘blue’ and ‘yellow’ bonds as new modes of sustainable finance.
- Blue bonds relate to water management and the marine sector, while yellow bonds pertain to solar energy.
- These are sub-categories of green debt securities.
