According to the expenditure plan prepared by the finance ministry for FY25, the government is looking to fund green projects and schemes worth ₹32,062 crore, compared to ₹22,324 crore this fiscal, the official told ET. The funding requirement has been prepared based on proposals submitted by various ministries. While the exact quantum of green bonds that will be issued in the next fiscal will be determined when the government finalises its borrowing calendar, given the higher funding needs, it may issue such papers worth ₹25,000-30,000 crore in FY25, up from ₹20,000 crore this year, the official said.
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