Green Bonds Are in High Demand, But Are They a Better Deal?

States and localities spend billions on infrastructure every year. Going forward, Christiana Figueres, the former United Nations climate chief, wants them to pay for it “whenever applicable” with green bonds — an emerging way of financing projects with clear and measurable environmental benefits. The push by Figueres is part of a new initiative called the “green bonds pledge” to ensure that all infrastructure built from now on is climate-resilient and low carbon.

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Source: Governing

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