Green Finance
Canada Shows the Way via Mass Transit
The government of Ontario, Canada, is issuing “green bonds” to fund the expansion of mass transit infrastructure in the province. Ontario Premier Kathleen Wynne says, “Green bonds are a great tool to raise capital for a project with specific environmental benefits. The worldwide market for green bonds in the last year has doubled; it’s now estimated to be more than $346 billion in U.S. dollars.”
Source: Treehugger.com
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