Auckland Council raises $1 billion in Green Bonds

Auckland Council’s retail Green Bond offer last week raised $300 million, seeing the council surpass $1 billion in funds raised through the sustainable finance framework. “This demonstrates that raising finance for greener outcomes has definitely paid off,” says Finance and Performance Committee Chair, Councillor Desley Simpson. “Responsible investment and financing are important tools for us in pursuing our sustainable development targets.” Mayor Phil Goff says, “This funding will support our environment and help us deliver our critical programme of climate change action.”