What Are Blue Bonds and Why Are They Becoming Important in India?<\/p>\n\n\n\n
In recent years, sustainable investing has been one of the main trends in international finance. Everyone knows what green bonds are, which are issued for environmentally sustainable projects. However, there is another notion emerging slowly\u2014blue bonds.<\/strong><\/p>\n\n\n\n By definition, blue bonds are debt instruments that help obtain funding for ocean and water-related projects, such as coastal sustainability or water resource conservation.<\/p>\n\n\n\n This concept may be viewed as a means for protecting water resources through investment.<\/p>\n\n\n\n Blue bonds are particularly relevant for India, as its territory is endowed with about 7,500 km of coastline and an extensive system of inland waterways.<\/p>\n\n\n\n India has huge potential for the development of its blue economy as it covers fisheries, coastal tourism, offshore wind energy production, and many more areas. It is in this area that blue bonds may come into play.<\/p>\n\n\n\n