City of Johannesburg lists first green bond in South Africa
Posted by SA Property Insider on 20 June 2014
By SA Property Insider
Green building in Johannesburg has received a boost with the Johannesburg Stock Exchange's (JSE) listing of its first green bond. The Green Building Council of South Africa has welcomed the R1.46bn bond issued by the City of Johannesburg, which will be used to fund green initiatives.
Brian Wilkinson, CEO of the Green Building Council of South Africa (GBCSA) says launch of the green bond "is great news". "It is exciting to see the City of Johannesburg and the JSE applying leading strategy and innovation to ensure the city's sustainability and its increased energy efficient operation, through green projects."
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