FOR IMMEDIATE RELEASE
SAN FRANCISCO/LONDON: 12 JULY 2024: Next week, the San Francisco Public Utilities Commission (SFPUC) will issue nearly $1 billion in green bonds to upgrade and increase the resilience of its wastewater and stormwater systems. The sale of two series of Climate Bonds certified Green Bonds will finance and refinance capital projects for San Francisco’s Sewer System Improvement Program (SSIP).
Following last week’s general election, the United Kingdom now has the chance to lead in sustainable finance. Investors in the UK are looking for clarity and guidance in sustainable investment; and emerging markets are looking for international financial support for their green ambitions. The new government has the opportunity to lead investors and industry actors into a more sustainable economy by providing policy certainty for a green future.
Last week saw the world’s leading climate experts convene in the city for London Climate Action Week (LCAW) to discuss how our economies, companies, and portfolios can transition to net zero for a greener, more sustainable world. Climate Bonds participated throughout the Week to share how investors, issuers, and financial institutions can mobilise the sustainable bond market to finance a rapid and credible transition.
