IDRC Digital Library

Ahmedabad issues municipal bonds to implement green projects

Show simple item record

dc.contributor.author Verma, Simant
dc.date.accessioned 2020-09-21T07:29:02Z
dc.date.available 2020-09-21T07:29:02Z
dc.date.issued 2020-05
dc.identifier.uri http://hdl.handle.net/10625/59506
dc.description.abstract In 2019, Ahmedabad, the largest municipal corporation in the state of Gujarat, raised 200 crore Indian rupees (INR) ($26 million USD, 2020) for ‘green projects’ by issuing municipal bonds. This case study investigates the potential for local governments to raise funds for climate-resilient development and infrastructure through municipal bonds. Municipal bonds are debt securities issued to raise capital; in return, investors receive the principal amount with interest. Governments play an important role in incentivising fundraising through market-based financing instruments. en
dc.description.sponsorship Ministry of Foreign Affairs of the Netherlands
dc.format.mimetype application/pdf
dc.language.iso en
dc.subject FINANCIAL REGULATION en
dc.subject MUNICIPAL GOVERNMENT en
dc.subject INFRASTRUCTURE en
dc.subject CLIMATE CHANGE VULNERABILITY en
dc.subject CAPITAL FORMATION en
dc.subject URBAN PLANNING en
dc.subject INDIA en
dc.subject SOUTH ASIA en
dc.title Ahmedabad issues municipal bonds to implement green projects en
dc.type Case Study en
idrc.project.number 108754
idrc.project.componentnumber 108754001
idrc.project.title CDKN knowledge accelerator for climate compatible development en
idrc.copyright.holder © 2020, Climate and Development Knowledge Network
idrc.copyright.oapermissionsource CC BY 4.0 en
idrc.dspace.access Open Access en
idrc.rims.adhocgroup IDRC SUPPORTED en
idrc.zabstract.finished YES en


Files in this item

This item appears in the following Collection(s)

Show simple item record