Part of Finland's $7 Billion Investor Financing Plan Ready to Go Green

摘要

Finland's Municipality Finance, the unit that gets debt funding for the local government sector, is looking into packaging funding projects so that investors can buy into green bonds. Should MuniFin go ahead with the plan next year, it would mark Finland's first green bond offering, according to data that Bloomberg compiled. The sale would form part of MuniFin's 6.5 billion euro ($7 billion) funding target for 2016, according to Esa Kallio, its executive vice president and head of capital markets. "We are in the process of setting up a green framework for our lending people who can then identify projects needing funding, which include water purification, energy efficiency, sustainable public transportation, sustainable buildings," Kallio said by phone Dec. 21, 2015.