Green Bonds

Meeting: 
MQT on 2017-06-22
Session date: 
June 22, 2017
Reference: 
2017/2421
Question By: 
Leonie Cooper
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

What progress has been made in exploring additional opportunity for raising finance through Green Bonds?

Answer

Answer for Green Bonds

Answer for Green Bonds

Answered By: 
The Mayor

My officers are working with stakeholders from across the financial and environmental sectors, including the City of London Corporation's Green Finance Initiative, to consider mechanisms that will support the delivery of large-scale projects that address the environmental challenges that London is facing.  This includes green bonds to help make large scale institutional investment attractive. We also hosted the C40 Financing Sustainable Cities Forum in April 2017.