In times of financial uncertainties, green bonds can provide an extra source of revenue. With a green bond issuance, a transit agency can generate positive environmental impacts, attract investors for transit projects, and generate financial benefits.
The TRB Transit Cooperative Research Program's TCRP Research Report 222: Analysis of Green Bond Financing in the Public Transportation Industry provides public transit agencies with an introduction to green bonds and how they can be used to advance the sustainability goals of those agencies. The report uses case studies to provide public transit agencies with the context and knowledge needed to understand the complexity of green bond issuance.
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