15 Mar 2018

Auckland Council set to issue green bonds

From Nine To Noon, 9:25 am on 15 March 2018

Auckland Council will be the first local authority in the country to issue Green Bonds to raise funds to pay for infrastructure projects, agreeing this week to establish a Green Bond framework. Kathryn Ryan talks to the authority's Finance and Performance Committee Chair, Councillor Ross Clow, and Sam Lindsay who is an impact investment specialist and the co-author of a soon-to-released report on climate finance in New Zealand. He is also director of Mohio Research, a consultancy that's developing an environmental impact bond to unlock finance for establishing permanent native forest on erosion-prone land.