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IndoSpace Core issued a green loan of INR1bn (USD14m) on May 13, 2020, to finance and refinance EDGE-certified green buildings in India. This is noted as the first green loan issued by an Indian entity.

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  • On May 13, 2020, IndoSpace Core issued a green loan totaling INR1bn (approximately USD14m). This represents the first green loan issued by an entity in India and the third instrument from India specifically used to finance green buildings.
  • The proceeds of the loan are designated for the financing and refinancing of green buildings that have received EDGE green building certification, which was developed by the IFC.
  • IndoSpace owns industrial and logistics parks totaling 13 million square feet of land, located in the Indian cities of Pune, Chennai, Bengaluru, and Delhi-NCR.

Cite the original document

APA
Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-05_IN_IndoSpace.pdf
Chicago
Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-05_IN_IndoSpace.pdf.
Wikipedia
{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=29 May 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-05_IN_IndoSpace.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = may, url = {https://www.climatebonds.net/files/drupal-files/files/2020-05_IN_IndoSpace.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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