Blue bond

    ESG & Governance

    A green bond whose proceeds go to sustainable water management or the marine and ocean economy.

    Blue bonds can fund projects such as water supply and treatment, wastewater systems, coastal protection, sustainable fisheries and cleaner shipping. SEBI added blue bonds as a sub-category of green debt securities in February 2023, so in India they follow the green debt rules, including the independent reviewer requirement.

    Related terms