In this article, the author delves into the dynamic realm of green bonds, a form of debt instrument dedicated to funding environmentally beneficial projects. The escalating global focus on sustainability has propelled the green bond market to exceed $700 billion, gaining steady traction from issuers and investors. India’s recent foray into this market, marked by its inaugural Sovereign Green Bond in 2023, underscores the nation’s commitment to sustainable finance. Despite these advancements, concerns over “greenwashing” prompt regulatory action. The Securities and Exchange Board of India (SEBI) has introduced stringent regulations, aiming to enhance transparency and accountability. The article scrutinizes SEBI’s initiatives, addresses their limitations, and proposes innovative solutions for fostering a robust green bond market in India. Through meticulous implementation, India can bolster its commitment to sustainability while navigating potential challenges. Continue reading Towards Sustainable Finance: Strengthening the Credibility of Green Bonds