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Green Finance

Canada Shows the Way via Mass Transit

China-flagThe government of Ontario, Canada, is issuing “green bonds” to fund the expansion of mass transit infrastructure in the province. Ontario Premier Kathleen Wynne says, “Green bonds are a great tool to raise capital for a project with specific environmental benefits. The worldwide market for green bonds in the last year has doubled; it’s now estimated to be more than $346 billion in U.S. dollars.”


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