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trillion in Asia-Pacific alone; regulatory uncertainty around a concept barely a decade old and the difficulty of valuing a communal fluid asset has opened a trench in financing between sustainable greenbonds and their blue peers. The cumulative value of greenbonds issued reached US$2.2
In financial markets, we’ve seen a significant increase in the issuance of green, social and sustainability bonds – according to a 2020 IFC report , “socialbond issuances increased eightfold over 2019, sustainability bond issuances increased by a factor of three over 2019, and greenbonds broke $1 trillion in cumulative issuances.”
Green Financial Instruments: Contrasting India to the Global Market. In the global market there are dedicated ESG funds and green instruments (ranging from greenbonds to green insurance ) to facilitate projects – not only in the domain of climate finance, but also focused on the environmental objectives necessary to support sustainability.
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