A number of reviews have been done on Green Finance and Green Bonds articles at the national and international levels. Tripathi (2016) argued about the established standards and regulations that are not yet strictly followed. The financial scenario is also stated to be more transparent and to control green environment activities if it is followed. This article discusses the gaps in the fundraising process of Green Bonds through LCR project. This concept is not particularly new, but it is a designated and specific market that has existed since 2007 and is labelled as "green."

These green world activities have been broadly defined by Lyon and Maxwell, who also suggested that they have a beneficial environmental impact that will lessen the negative effects of sustainable development. Furthermore, Arragon-Correra (2019) emphasized the advantages and described it in a more positive way that the business can actually make when Green Bond Principles are applied. Additionally, it is asserted that, unlike other nations, the Indian green bond market helps to build investor confidence. Lack of awareness is the only obstacle to the success of the Green Bonds issue.Pietri Master Thesis(2021) proved that the interest towards investment, which helps in climate change and financial returns, is being chosen by the investors if the wide sector of the global economy is looked into.  Therefore, in order to underline the value of involvement in defending the nation, the government must prepare seminars and campaigns for SMEs' management staff as well as retail and institutional investors. Standardizing the issuance of these Green Bonds will surely take some time, and the governing bodies are now trying to make the new requirements better