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Analysis of Green Bond Financing in the Public Transportation Industry (2021) / Chapter Skim
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Pages 12-13

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From page 12...
... 12 Costs Additional costs are incurred in the process of issuing a green bond compared to a traditional bond, but these additional expenses are minimal relative to the typical size of a transit bond issuance. An agency that is considering launching a green bond for the first time should expect some upfront costs to develop internal policies and processes.
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From page 13...
... Costs and Risks of Green Bonds vs. Traditional Bond Financing 13 Several interview participants did point out the risk of reputational damage from providing misleading information about the environmental impacts of a bond issuance.
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