Urban transport systems across the world are already under significant pressure, without a transformation in policy, and step change in effort, they will not be able to cope with the anticipated urban growth. If urban transport fails – urban development will not be sustainable. Lack of access to goods, services and opportunities is often the root cause of urban inequalities.
Hyundai Capital Services, the subsidiary of Hyundai Motor Company that provides loans and leases for new Hyundai and Kia cars, issued a $500m green bond. The green issue is the first corporate Korean green bond and it’s also number three on the list of green bonds issued for green vehicles following Toyota’s two green issues for hybrid and EVs.