India has introduced a comprehensive regulatory framework for social, sustainability, and sustainability-linked bonds (SLBs), aiming to boost transparency and accountability in ESG debt markets. The new rules, issued by SEBI, mark a significant step in aligning India’s financial instruments with global ESG standards.

This week, The World Bank approved $1.5 billion in financing to support India's low-carbon transition. This approval represents a massive step towards addressing climate change and promoting sustainable development in India.