Need help? Have feedback?

Share your thoughts below and the Municipal team will respond shortly.

Thank you!

Your message has been received. We will get in touch shortly.


'Green bonds' to help fund badly needed transit projects

Columbus, OH
'Green bonds' to help fund badly needed transit projects

Green bonds are similar to other bonds in that they’re debt instruments which issuers sell to investors in return for interest over the life of the bond and return of principal by the time the bond matures. What makes green bonds different is that the issuer, whether it’s a government body or a private-sector corporation, guarantees the funds raised through the offering are dedicated to a specific transportation project or initiative that’s positive for the environment.

Private-sector corporations have issued slightly more than $5 billion of “climate bonds,” primarily in rail transportation and the renewable energy sector, which are tied to projects aimed at addressing climate change.

Related topics: