FY25 target to fund projects via green bonds pruned 27%
- Posted on February 4, 2025
- By Business News Today
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FY25 target to fund projects via green bonds pruned 27%
The government has reduced its FY25 target for green bond proceeds by 27% due to weak investor interest and plans to maintain this level for the next fiscal year. Despite the ongoing effort to promote green financing, the anticipated premium over non-green instruments has been minimal since the bonds' debut in FY23.
