Thursday February 27, 2020

Another Green World? Irish municipalities could soon tap up green bonds

Fixed income financing for environmentally-sound projects could represent a major opportunity

Barry J Whyte

Chief Feature Writer

@whytebarry
26th July, 2015
Small Irish municipalities could soon tap up green bonds to pay for projects that adhere to environmentally-sound principles.

Imagine it’s 2025, and Monaghan Co Council is trying to build a new, 500-unit housing estate. Because it’s 2025, all of the utilities – the water, power, road and other infrastructure for that estate – are being built to the best environmentally-friendly standards.

Those don’t come cheap, of course. So, instead of relying on central government or raising rates or slashing services, Monaghan Co Council taps up a green bond to fund the...

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