Rhode Island Launches Campaign for $55 Million Green Bond
What happened
State and local officials gathered in East Providence to launch the campaign for the semiannual Green Bond in Rhode Island. The bond seeks voter approval for $55 million to fund environmental and climate resilience projects. This bond is one of five questions on the ballot, which collectively ask voters to approve $600 million in new borrowing.
Why it matters
The Green Bond is intended to fund specific state projects, including watershed restoration around Narragansett Bay, brownfield remediation, and preservation of farmland and open space. Of the funds, $25 million is designated for the Resilient Rhody Infrastructure Fund.
Who's involved
- Rhode IslandThe state where the Green Bond is being proposed.
- Terry GrayDirector of the state environmental department in Rhode Island.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
The Rhode Island Department of Environmental Management might see its mandate for climate resilience projects supported by the bond funding.
- Coastal Resources Management CouncilSpeculative
The Coastal Resources Management Council could see its regulatory and funding work supported by the bond's allocation for watershed restoration.
Keep exploring
The entities involved
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Rhode Island
state of the United States of America
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East Providence
city in Providence County, Rhode Island, United States
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Terry Gray
English footballer (born 1954)
Nothing else this week.