Ahmedabad issues municipal bonds to implement green projects
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.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.identifier.uri | http://hdl.handle.net/10625/59506 | |
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.copyright.holder | © 2020, Climate and Development Knowledge Network | |
idrc.copyright.oapermissionsource | CC BY 4.0 | en |
idrc.dspace.access | Open Access | en |
idrc.project.componentnumber | 108754001 | |
idrc.project.number | 108754 | |
idrc.project.title | CDKN knowledge accelerator for climate compatible development | en |
idrc.rims.adhocgroup | IDRC SUPPORTED | en |
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