<h1>India to Issue Rs. 16,000 Crore Sovereign Green Bonds for Eco-Friendly Projects; Rs. 8,000 Crore Raised Already.</h1> Sovereign Green Bonds totaling Rs. 16,000 crore are planned for issuance in the current financial year to fund green infrastructure projects, with Rs. 8,000 crore already raised in the first tranche. This was confirmed by a government official in a parliamentary session. The issuance follows the Framework for Sovereign Green Bonds released by the Indian government in November 2022. The funds raised will be part of the government's market borrowings for 2022-23, aimed at supporting public sector projects that contribute to reducing the economy's carbon intensity.