• Babitha B.S.

Renewable energy is the necessity for the future world as the environment is decaying at fast pace because of the using of the fossil fuel and an alternate source of energy also needed that will last for forever. Addressing funding opening for Renewable Energy (RE) schemes always vital to ensuring that fast-growing energy requirements can be sustainably met. The paper discusses root cause of Asia's funding deficit besides suggests using bond funding to fix funding gap. In particular, three fixed revenue gadgets, namely corporate bonds denominated in local currency (LCY), asset-backed scheme bonds, besides green financial bonds, will be evaluated. Although there is great possible for these three tools to assemble significant flows of secluded sector funding, main support policies are required to reduce capital market preference for traditional power generation technologies besides supporting RE policies. Another main factor will be the requisite depth of local besides regional immobile income markets before these devices on the capital market can play a major part.

Renewable energy, supporting fixed profits, Renewable bonds Green bond.

"Green Bond: A Fund Raising Mechanism for the Sustainable Development ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.89-94, February-2019, Available :http://www.jetir.org/papers/JETIREV06015.pdf

"Green Bond: A Fund Raising Mechanism for the Sustainable Development ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp89-94, February-2019, Available at : http://www.jetir.org/papers/JETIREV06015.pdf