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.
Show support
Add your name to a growing list of supporters that will show decision-makers that this campaign should become a reality.
Forge Ahead
'Green bonds' to help fund badly needed transit projects
Description:
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.
Comments