Yes Bank signs green finance charter with FMO, DEG AND PROPARCO

A green finance charter was signed between Yes Bank and FMO, the development bank of Netherlands;  DEG, the German development bank; and Proparco, a subsidiary of the French Development Agency for financing renewable energy and green projects in India. As reported by Yes Bank, the charter advocates the mobilisation of green investments and aims to achieve India’s nationally determined contribution and sustainable development goal targets. Yes Bank has also released its first Green Bond Impact Report, highlighting the achievements of the bank’s three green bonds that have financed renewable projects in nine states across India.