As of 2021, the total size of the Indian GSS market stood at **** billion U.S. dollars. Green bonds accounted for a majority of GSS bonds' market size. Social and sustainability (S and S) bonds amounted to over *** billion U.S. dollars cumulatively. A GSS bond is a debt instrument, the proceeds from which fund an environmental or social project. The bond proceeds are, for example, invested across ventures related to renewable energy, clean transport, green buildings, etc.
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Climate Bonds Initiative. (May 9, 2022). Market size of green, social, and sustainability (GSS) bonds in India as of 2021, by type (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 31, 2026, from /statistics/1376192/india-green-social-and-sustainability-bond-market-size-by-type/
Climate Bonds Initiative. "Market size of green, social, and sustainability (GSS) bonds in India as of 2021, by type (in billion U.S. dollars)." Chart. May 9, 2022. ÌÇÐÄÆÆ½â°æ. Accessed July 31, 2026. /statistics/1376192/india-green-social-and-sustainability-bond-market-size-by-type/
Climate Bonds Initiative. (2022). Market size of green, social, and sustainability (GSS) bonds in India as of 2021, by type (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 31, 2026. /statistics/1376192/india-green-social-and-sustainability-bond-market-size-by-type/
Climate Bonds Initiative. "Market Size of Green, Social, and Sustainability (Gss) Bonds in India as of 2021, by Type (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 9 May 2022, /statistics/1376192/india-green-social-and-sustainability-bond-market-size-by-type/
Climate Bonds Initiative, Market size of green, social, and sustainability (GSS) bonds in India as of 2021, by type (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1376192/india-green-social-and-sustainability-bond-market-size-by-type/ (last visited July 31, 2026)
Market size of green, social, and sustainability (GSS) bonds in India as of 2021, by type (in billion U.S. dollars) [Graph], Climate Bonds Initiative, May 9, 2022. [Online]. Available: /statistics/1376192/india-green-social-and-sustainability-bond-market-size-by-type/