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flag Nashik launched Maharashtra’s first Green Municipal Bonds on March 9, 2026, to fund eco-friendly urban projects.

flag 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. flag The milestone, attended by Chief Minister Devendra Fadnavis, supports India’s net-zero goal by 2047 and follows similar efforts by Ghaziabad and Indore. flag 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.

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