Advisory Service

Green Finance Advisory

India is the 4th-largest source of green debt globally. We help companies structure green bonds, sustainability-linked loans, carbon credits, and RBI-aligned green deposits — unlocking cheaper capital through ESG performance.

$55.9BIndia Green Debt (Cumulative)
25-50BPS Rate Advantage
$10.1TNet-Zero Investment Needed
150+Green Bonds Issued in India

Six Green Finance Practice Areas

From structuring your first green bond to monetising carbon credits — we cover the full spectrum of sustainable finance instruments available in India.

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Green Bond Framework

Structure SEBI-compliant green bond frameworks aligned with ICMA Green Bond Principles.

  • Use-of-proceeds taxonomy
  • Project evaluation criteria
  • Management of proceeds
  • Impact reporting framework
  • Second-party opinion coordination
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Sustainability-Linked Loans

Design SLL structures with ambitious KPIs that unlock real pricing advantages from lenders.

  • SPT selection & calibration
  • KPI-margin ratchet design
  • Lender negotiation support
  • Annual verification coordination
  • Performance reporting
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Carbon Credit Strategy

Navigate India's Carbon Credit Trading Scheme (CCTS) and voluntary carbon markets.

  • CCTS compliance assessment
  • Voluntary offset strategy
  • Project origination support
  • Credit quality evaluation
  • Registry & trading advisory
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RBI Green Deposits

Structure green deposit products and frameworks aligned with RBI's Green Deposit Framework (2023).

  • Eligible sector taxonomy
  • Allocation & impact reporting
  • Third-party verification
  • Board policy development
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ESG-Linked Lending

Integrate ESG factors into lending frameworks for banks and NBFCs.

  • ESG credit risk methodology
  • Portfolio carbon footprint
  • Transition finance assessment
  • Green asset classification
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Transition Finance

Help hard-to-abate sectors access capital for decarbonisation through credible transition plans.

  • Transition plan development
  • Science-based pathway alignment
  • Investor presentation
  • Annual progress reporting

India's Green Finance Revolution

India's sustainable finance market is growing at 30%+ CAGR. Regulatory tailwinds from SEBI, RBI, and the Ministry of Environment are accelerating adoption.

SEBI Green Bond Regulations

SEBI's framework for issuance and listing of green debt securities, aligned with ICMA principles. 150+ green bonds issued with growing investor demand. ESG disclosure requirements create natural demand for green-labelled instruments.

RBI Green Deposit Framework

Effective June 2023, RBI requires banks and NBFCs offering green deposits to allocate funds to eligible green activities with third-party verification. Creates a new asset class for ESG-conscious depositors.

Carbon Credit Trading Scheme

India's national ETS launched under the Energy Conservation Act. Initial compliance sectors: steel, cement, aluminium, pulp & paper. Voluntary offset market growing rapidly alongside compliance market.

Sovereign Green Bonds

Government of India issued its first sovereign green bonds in January 2023 (₹16,000 crore), signalling national commitment. More issuances expected as India pursues net-zero by 2070.

Green Finance Instruments in India

Each instrument serves a different capital need. We help you identify the right instrument — or combination — for your transition journey.

InstrumentRegulatorTypical SizeRate AdvantageMarket Status
Green BondsSEBI₹100-5,000 Cr10-30 bps greeniumHot
Sustainability-Linked LoansBank-negotiated₹50-2,000 Cr25-50 bps ratchetGrowing
Green DepositsRBIAny5-15 bps premiumEmerging
Carbon Credits (CCTS)BEE / MoEFCCVariableOffset incomeEmerging
Voluntary Carbon OffsetsVerra/Gold StandardVariableRevenue streamGrowing
Transition BondsSEBI (proposed)₹200-3,000 Cr15-25 bpsEmerging
Social BondsSEBI₹50-1,000 Cr5-20 bpsGrowing

Green Finance in Action

Illustrative scenarios based on market benchmarks showing how Indian companies are using green finance instruments to fund their sustainability transitions.

Energy

Renewable Energy Green Bond

Structured a green bond framework for a leading renewable energy company, enabling issuance for solar and wind project expansion across western India.

InstrumentGreen Bond
Rate Advantage25 bps greenium
Impact500 MW capacity
Manufacturing

SLL for Decarbonisation

Designed sustainability performance targets and KPI-margin ratchet for a mid-cap manufacturer, linking loan pricing to verified emissions reduction.

InstrumentSLL
Rate Advantage40 bps ratchet
Impact30% CO2 reduction
BFSI

Green Deposit Programme

Helped a regional bank structure its green deposit product aligned with RBI framework, including eligible sector taxonomy and impact reporting methodology.

InstrumentGreen Deposit
Mobilised₹200 Cr Y1
Impact100% allocated

Unlock Cheaper Capital Through ESG

Schedule a consultation to assess your green finance readiness and identify the right instruments for your company's transition journey.

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