Current Affairs · Economy and Finance
In the context of scaling sustainable finance frameworks in India, what was the key objective behind the Securities and Exchange Board of India's (SEBI) updated green bond regulations?
- 1To give complete tax exemptions to foreign sovereign wealth funds
- 2To eliminate the need for third-party auditing of corporate green expenditure
- 3To enhance transparency, mitigate greenwashing risks, and boost credibility in the green debt market✓
- 4To mandate all public companies to route investments into retail digital apps
Correct answer
To enhance transparency, mitigate greenwashing risks, and boost credibility in the green debt market
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