ONTARIO LAUNCHES GREEN BOND PROGRAM

Ontario announces multi-billion dollar green bond program to invest in low-carbon, productivity enhancing infrastructure, such as transit (first $500m green bond is planned for this summer). The program was publicly announced by Ontario Premier Kathleen Wynne together with the Council for Clean Capitalism, represented by Frances Edmonds (Hewlett Packard Canada), Phil Gillin (Sunlife Financial) and Toby Heaps (Corporate Knights) (see pictures here).

Media: Ontario to Issue Green Bonds Within Months, Finance Chief Says, Bloomberg

Ontario to use green bonds to fund transit expansion, CBC

The Agenda with Steve Paikin: Transit Funding Goes Green, TVO

Ontario’s Premier announces climate bonds linked to Metro rail assets, Climate Bonds Initiative Blog

Rewarding those who create sustainable wealth, Corporate Knights