As per the report by Climate Bonds Market Intelligence, it is estimated that the green market has been growing steadily since its inception. The demand in 2021 is at an all-time high - it amounts to $517.4 billion. The green bond market has increased by nearly 50% last year. The top five countries in the green bond market are the USA, Germany, China, France, and the UK. India is a bit behind on the list and stands at 17th position. However, the recent announcement by the finance minister will help India go up in the ranking.