Video 
Action needs financing. Green bonds offer local governments a powerful tool to finance sustainable projects that address environmental challenges. By issuing green bonds, municipalities can attract investment for initiatives like renewable energy, public transportation, and green infrastructure, driving local economic growth while promoting environmental stewardship.
In this webinar, we present the Japanese experience and practice of issuing transition bonds, which can enable climate-friendly investments and should result in lower emissions from polluting sectors and especially hard-to-abate sectors. We will explore opportunities to step up sustainability and how to embed the just transition into local projects using green loans and bonds – and the key role that local governments and municipalities play in this regard. During the webinar, the city of Kyoto and the province of Bali will share their ambitious, innovative finance solutions as good practices, while the Japanese Sumitomo Mitsui Banking Corporation and Kommuninvest will showcase some sustainable finance instruments.