Kyoto Considers Entering Japan’s Nascent Local Green Bond Market

(Bloomberg) — Japan’s most-popular tourist city is exploring a possible sale of debt to finance environmental, social and governance projects, in what may be the country’s only such municipal bond after Tokyo, the mayor of Kyoto said.The historic old capital of Japan, which has more than 1,600 temples, is considering a yen issuance to help meet funding toward the United Nations’ sustainable development goals (SDGs), Daisaku Kadokawa, 68, said in an interview after meeting with potential investors and financial institutions on Monday in Tokyo. Dressed in his trademark locally made kimono, Kadokawa said he’s talking to banks about projects that …read more

Source:: Yahoo Finance

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