November 28, 2018 |
The Mexico City government said it has sold MXN1bn ($48.8m) in green bonds at 9.93% to finance 27 transportation, energy, water, pollution and environmental retrofit projects.
"The government has identified several public projects worth MXN1.8bn that can be financed with green bonds," Mayor José Ramón Amieva said in a statement.
Mexico City has sold $200m in green and sustainable bonds since 2016 and it will likely increase investments in environmentally-sound projects after the new mayor, Claud
City government raises close to $50m to finance 27 environmentally-sound projects