The Green Finance Institute (GFI) has announced the first five councils to sign on to its Local Climate Bond campaign, which commits members to developing green bond issuance plans within 18 months. The participating councils are Eastbourne District Council and Lewes District Council in East Sussex; Cotswold District Council in Gloucestershire; Islington Council in Greater London and Blaenau Gwent Council in Wales. Each council will work with the GFI and the Institute’s partner for the campaign, Abundance Investment, to develop the bonds. They are also implored to consult with local residents and businesses to identify and prioritise which projects should be funded.
Edie 1st Oct 2021 read more »