Enter the green age: The financial journey cannot be full of potholes

The details of the transition towards climate-change-related finance will require deft handling

Raghu Mohan
Last Updated at February 26, 2023 18:09 IST

Illustration: Binay Sinha

In the first fortnight of January, the Export-Import Bank of India raised $1 billion in green bonds priced at 190 basis points over the 10-year US Treasury Bill. The deal — put through by J P Morgan, Bank of America (BankAm), Barclays, Citigroup, HSBC, Mitsubishi UFJ Financial Group, and Standard Chartered Bank — was the largest such issuance by an Indian entity.

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