The Indian market for green bonds is evolving rapidly. However, green bonds have so far only been used occasionally to finance sustainable infrastructure in India's fast-growing cities. In a webinar by the National Institute of Urban Affairs (New Delhi) and GIZ, Michael Thöne explains the basics of urban investments and their financing. Above all, he emphasizes that green bonds require debt sustainability and resilient leverage ratios. The innovative bond instrument works best when municipal finances and assets grow as dynamically as India's urban population. Here are the slides.