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Waiting for Ontario's first green bond: A $500 million raise for light rail transit

from Financial Post

Within a couple of weeks, the government of Ontario is expected to bring to market its issue of first green bonds, a special type of security "where the issue proceeds are utilized to fund projects with specific environmental benefits." Ontario also nominated five eligible project types that all have environmental benefits: clean transportation; energy efficiency and conservation; clean energy and technology; forestry, agriculture and land management; and climate adaption and resilience. more


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