Moscow green bonds are recognized as meeting standards

Moscow green bonds are recognized as meeting standards
Moscow green bonds are recognized as meeting standards
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The credit rating agency Expert RA recognized the capital’s green bonds as meeting the criteria of a green financial instrument. This was announced on Friday, April 26, by Deputy Mayor of Moscow, Head of the Department of Economic Policy and Development Maria Bagreeva.

“Two issues of Moscow bonds are recognized as green: the 74th issue in the amount of 70 billion rubles, which was placed in 2021, and the first issue of Moscow bonds for the population in the amount of two billion rubles, which was sold in 2023,” she said.

According to Bagreeva, funds from the sale of issues were directed to priority projects in Moscow, which ensure a reduction in emissions of pollutants and greenhouse gases from cars. In addition, about 60 billion rubles were spent on the construction and reconstruction of 21 stations and 48 kilometers of tracks on the Big Circle Metro Line.

Bagreeva concluded that the projects provide a reduction in pollutant emissions by almost a thousand tons annually, and a reduction in carbon dioxide emissions by 42 thousand tons.

Moscow Mayor Sergei Sobyanin presented a program for the development of the capital’s transport system until 2030. The development of the capital’s transport system will consist of six parts. The load on the transport system will increase, as Moscow remains a dynamically developing metropolis.

The article is in Russian

Russia

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