NSE contributes resilient economy

The National Stock Exchange of India (NSE) is pleased to announce the completion of its inaugural deep-dive workshops specifically designed with a focus on various sectors of the Indian industry. Held over two days in Mumbai and New Delhi.

These workshops titled ‘Deep Dive in Green, Social, and Sustainability (GSS) Bonds Issuance Process’ was a joint effort with the International Finance Corporation (IFC), Climate Bond Initiative (CBI) sponsored by HSBC and The Kingdom of the Netherlands, under the IFC REGIO Technical Assistance facility.

The initiative served as a rallying point for industry leaders, and policymakers to leverage the power of GSS bonds. Designed to enhance knowledge and foster discussions around the burgeoning field of GSS bonds, this program marked a significant stride towards bridging the climate financing gap in India.

It provided a comprehensive platform for stakeholders to engage in dialogue, share insights, and explore innovative financial mechanisms.

Expert-led sessions on finance and sustainability offered an in-depth exploration of topics such as an overview of the labelled bond universe, and country-specific context for the issuance of GSS bonds.

Rajaraman, Chairperson – IFSCA in his insightful address on the significance of GSS Bonds, emphasized, “Addressing the pressing challenge of climate change is paramount, and in India, this necessitates a robust embrace of Green, Social, and Sustainability-linked financial instruments.”

Wendy Jo Werner, India Country Head, IFC said, “ We look forward to engaging with issuers and the larger ecosystem to expand the reach and impact of GSS bonds and other innovative financial instruments to channel greater investment towards initiatives that yield real, positive outcomes amid escalating climate challenges.”

Ashishkumar Chauhan, MD & CEO, NSE, stated, “This initiative, in collaboration with esteemed partners like the IFC, CBI, HSBC, and the Kingdom of Netherlands, is more than a training program. He further mentioned that together, we’re paving the way for a future where sustainability is interwoven with investment, aiming to create a robust ecosystem.

As NSE continues to lead the charge in facilitating sustainable investment and financing solutions, this training program stands as a testament to our commitment to fostering an informed and empowered financial community.