A land whose proceeds are used only to finance or refinance a combination of both environmental and social projects is called:
Last updated Jun 9, 2026
Correct Answer:
Option C —
Sustainability Bond
Here is why:
Sustainability Bonds are specific debt instruments where the proceeds are exclusively applied to finance or re-finance a combination of both Green (environmental) and Social projects.
Green Bonds (a) are used exclusively for environmental/climate projects.
Social Bonds (b) are used exclusively for projects that achieve positive social outcomes (like affordable housing or healthcare).
Sovereign Bonds (d) are government-issued bonds used to fund general government spending, not necessarily tied to sustainability.
Answer verified by Quintessence Classes faculty — Karan Nagar, Srinagar.
