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Nashik launched Maharashtra’s first Green Municipal Bonds on March 9, 2026, to fund eco-friendly urban projects.
On March 9, 2026, the Nashik Municipal Corporation launched Maharashtra’s first public Green Municipal Bonds on the National Stock Exchange, raising funds exclusively for green projects like renewable energy, waste management, and sustainable water systems.
The milestone, attended by Chief Minister Devendra Fadnavis, supports India’s net-zero goal by 2047 and follows similar efforts by Ghaziabad and Indore.
Green Municipal Bonds are fixed-income instruments requiring all proceeds to fund environmentally beneficial infrastructure, marking a growing trend in India’s urban local bodies to use capital markets for sustainable development.
Nashik lanzó los primeros bonos municipales verdes de Maharashtra el 9 de marzo de 2026, para financiar proyectos urbanos respetuosos con el medio ambiente.