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Covenant of Mayors - Europe

Green municipal bonds

Bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. Bonds are issued by companies, municipalities, states and sovereign governments to raise money and finance their projects and activities. Green bonds are all those instruments which are used exclusively to fund qualifying green investments. They can be made attractive via tax-exemptions.

Country
Inspiring Examples

City of Gothenburg (Sweden) - [EM1] [AR2] Case study

Municipality Finance Plc (MuniFin), Finland

The Paris Green Bonds Statement

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