As of 2021, the total size of the Indian GSS market stood at 19.5 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 one billion U.S. dollars cumulatively. 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.
Market size of green, social, and sustainability (GSS) bonds in India as of 2021, by type
(in billion U.S. dollars)
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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 Statista. Retrieved May 23, 2025, from https://www.statista.com/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. Statista. Accessed May 23, 2025. https://www.statista.com/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). Statista. Statista Inc.. Accessed: May 23, 2025. https://www.statista.com/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)." Statista, Statista Inc., 9 May 2022, https://www.statista.com/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) Statista, https://www.statista.com/statistics/1376192/india-green-social-and-sustainability-bond-market-size-by-type/ (last visited May 23, 2025)
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: https://www.statista.com/statistics/1376192/india-green-social-and-sustainability-bond-market-size-by-type/