India’s markets regulator, SEBI, has introduced revised norms for the appointment of independent third-party reviewers and certifiers of green debt securities. The updated framework aims to enhance transparency, credibility, and accountability in the issuance of sustainable finance instruments, ensuring stronger investor confidence and alignment with global ESG standards.
The Securities and Exchange Board of India (SEBI) has announced revised guidelines for the appointment of independent third-party reviewers and certifiers of green debt securities. These changes are designed to strengthen oversight in the rapidly growing sustainable finance market, ensuring that funds raised through green bonds are utilized for genuine environmental projects.
The move comes amid rising investor interest in ESG-linked instruments and India’s push toward sustainable development. By tightening certification norms, SEBI aims to safeguard investor trust and align India’s green finance ecosystem with international best practices.
Key Highlights
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Regulatory Update: SEBI revises norms for independent reviewers/certifiers of green debt securities
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Objective: Enhance transparency, accountability, and credibility in green bond issuance
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Investor Confidence: Strengthened oversight to protect stakeholders and ensure proper fund utilization
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Global Alignment: Brings India’s sustainable finance framework closer to international ESG standards
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Market Impact: Expected to boost participation in India’s green debt market
This regulatory step underscores SEBI’s commitment to fostering a robust and credible green finance ecosystem in India.
Sources: Reuters, SEBI Regulatory Updates