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Infrastructure bank’s $10-billion growth plan raises hope of green bond push in Canada
By Aidan Chamandy October 21, 2020
Green bonds are fixed-income financial instruments usually used to secure funding for sustainable infrastructure projects, and can serve as a tool for de-risking infrastructure investments.
Chair of the Board of the Canada Infrastructure Bank Michael Sabia pictured during an announcement about the infrastructure bank at Sir John A. Macdonald building in Ottawa on Oct. 1. The growth plan outlined at the press conference will guide the infrastructure bank through the next two to three years. The Hill Times photograph by Andrew Meade
The Canada Infrastructure Bank’s new growth plan, a $10-billion dollar strategy announced on Oct. 1 to invest in five priority areas related to greening Canada’s infrastructure, could be a step towards boosting the green bond market in Canada, experts say.
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