GREEN FINANCE

• Green finance is finance raised for the

purposes of environmentally sound projects.
• It promotes the flow of financial instruments
and related services towards the development
of sustainable business models, investments,
environmental and social projects.
 GREEN BOND

• A green bond is a fixed income instrument

launched to fund specific environmental
projects of present situation.
• Example:
• Projects to reduce CO2 emissions.
Green Banking Practices of Top Banks
State Bank Of India :
• Introduction of Green Channel Counter (GCC) facility
at their branches in 2010 to promote paperless banking
and expand it to all the branches.
• Entered into agreement with EXIM to provide long
term loans up to 14 years to a Spanish company
Astonfield Renewable Resources for building solar
plants in India.
• Planned to launch large number of solar ATMs
• Interest charged at concessional rates on green
projects
 Punjab National Bank
 It organizes Sapling and Tree Plantation programs
every year.
 Granting of loans to projects being approved by the
Pollution Control Board.
 The bank practices like energy efficient lights,
immediate repair of any water leakages, printing on
both sides of paper, promoting rain water
harvesting.