While Canada’s most populous province continues its heated transit funding debate, Premier Kathleen Wynne recently suggested green bonds as a potential revenue tool. Don Curren sheds light on the bonds and how they might get transit projects rolling.
“When Ontario Premier Kathleen Wynne said Wednesday the province might issue ‘green bonds’ to help fund transit projects, she set the stage for Canada’s most populous province to do some trail blazing,” writes Don Curren.
“Green bonds,” he continues, “are similar to other bonds in that they’re debt instruments which issuers sell to investors in return for interest over the life of the bond and return of principal by the time the bond matures.”
“What makes green bonds different is that the issuer, whether it’s a government body or a private-sector corporation, guarantees the funds raised through the offering are dedicated to a specific project or initiative that’s positive for the environment.”
FULL STORY: Ontario “Green Bonds” Could Spur Growth in Fledgling Market
How Would Project 2025 Affect America’s Transportation System?
Long story short, it would — and not in a good way.
States 'Switching Tracks' to Avoid Public Transit Fiscal Cliff
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California Could Cut $2 Billion in Transit Spending
The governor’s proposed budget would slash public transit investment to help make up for a projected $22.5 billion deficit.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
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Delivering for America Plan Will Downgrade Mail Service in at Least 49.5 Percent of Zip Codes
Republican and Democrat lawmakers criticize the plan for its disproportionate negative impact on rural communities.
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Balancing Bombs and Butterflies: How the National Guard Protects a Rare Species
The National Guard at Fort Indiantown Gap uses GIS technology and land management strategies to balance military training with conservation efforts, ensuring the survival of the rare eastern regal fritillary butterfly.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service