The Securities and Exchange Board of India (SEBI) published a key milestone regulation that further signals its seriousness in developing the Indian green finance market. This follows a successful sovereign green bond issue in January 2023 and comes amid a growing focus on low-carbon energy and increased scrutiny of greenwashing. The most significant enhancement in SEBI’s green debt circular is the requirement to appoint an independent third-party reviewer/certifier for both pre and post green bond issuance. [...]