Kshemya Nair

International Financial Services Centres Authority (“IFSCA”) acknowledges the crucial role of Green Bonds, Social Bonds, Sustainability Bonds, Sustainability-linked Bonds and other labelled bonds as may be specified (collectively called “ESG-labelled debt securities”) in sustainable finance but is concerned about global greenwashing concerns. Greenwashing is a practice of making misleading claims about a product's sustainability, undermines investor trust and market integrity.

 Find out more about Lexology or get in touch by visiting our About page. Register To view this article you need a PDF viewer such as Adobe Reader. If you can't read this PDF, you can view its text here. Go back to the PDF . An Act that provides for the processing of digital personal data in a manner that recognizes both the right of individuals to protect their personal data and the need to process such personal data for lawful purposes and for connected matters.

The need for more international resources to meet India's net-zero target has made participation from international finance essential. Given GIFT-IFSC's role as a gateway connecting India to the global economy, a key challenge is creating an enabling framework for Transition Finance in a way that attracts international investors.