Here’s how cities in developing countries can tap green bonds


eco-business.com | Published April 18, 2017

By David Hatch, Citiscope

The strategy is detailed in Green Bonds for Cities: A Strategic Guide for City-level Policymakers in Developing Countries, published by the Climate Policy Initiative.

The bulk of funds (94 per cent) that flow to emerging cities to finance environmentally friendly projects are in the form of green bonds issued by development finance institutions, the CPI researchers explain.

That includes the World Bank, Asian Development Bank, European Investment Bank, German development bank KfW and others.

Access to innovative funds for urban improvement projects can help cities with burgeoning populations meet demand for water, energy, housing and transportation needs.

Many city leaders already are working to finance projects through green bonds, which had a total value of around USD 44 billion in 2015. That figure was projected to rise to USD 75 billion by the end of last year, the report notes.

read more>


Upcoming Events & Seminars

More Events »

Whipp Tips & News

Marijuana sector’s books more like ‘audited hallucinations’ than financial statements, accountants say

Overly rosy plant valuations can then lead to big writeoffs in an industry that’s already prone to wild price swings

Details »

Majority of Canadians want laws to end gender pay gap: poll

he Insights West survey conducted for Maclean’s found 82 per cent of respondents believe there should be new federal legislation that guarantees equal pay for work of equal value in Canada.

Details »

Socially responsible investing gets a Trump bump

Last year, investors plugged $6.4-billion into socially responsible mutual funds and exchange-traded funds, according to Jon Hale, head of sustainable investing research at Morningstar.

Details »

More News »


:www.leedejonesgable.com

The information in this website was obtained from sources believed to be reliable, however, we cannot guarantee that the information is accurate or complete. The information provided is a general source of information and should not be considered personal investment advice or solicitation to buy or sell securities.

Leede Jones Gable Inc. is a
Member of IIROC and the Canadian Investor Protection Fund
Stephen Whipp is a member of the Responsible Investment Association