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"All investments will be handled by the Co Operative Bank and after five years corporate investors are guaranteed to get their money back.
"The target we have set is ambitious and if we are going to succeed the support of the business community is absolutely vital.
Wendy Bussey, Green Bond project manager, told Star Business that she had already sounded out some key businesses in the city and had been encouraged by the initial response.
The Star provides news, events and sport features from the Sheffield area. For the best up to date information relating to Sheffield and the surrounding areas visit us at The Star Nike Air Max White Kids
To find out more contact Wendy on Sheffield 263 6420.
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Groundwork Sheffield, which came up with the idea of the Bond, said companies would also be able to contribute in other ways, such as providing facilities for meetings, loan equipment for specific projects and, in some cases, by asking their employees to volunteer as workers.
Companies will be asked to invest in corporate bonds, effectively loaning the money for five years before getting back their initial investment.
"We will use the interest generated by the fund Womens Air Max 2016 Print
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"However the ongoing maintenance and development of thsee green spaces and waterways has always been a challenge due to the lack of sustainable forms of funding. The Green Bond has been developed to plug the gap,'' she said.
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Sheffield United FC is the first business to contribute, with a 5,000 commitment. Individuals will also be asked to support the initiative and Key Fund South Yorkshire has already handed over 150,000 to get the bond underway.
If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.
to support a variety of initiatives to improve the city's green spaces. It's about building a legacy."
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The country's first green bond has been launched in Sheffield. The aim is to raise 2 million in the next year and to spend the interest raised on a series of projects to spruce up the city's green spaces and waterways.
"The Green Bond is an opportunity for firms to put something back, without taking any financial risks.
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"As Europe's greenest city, Sheffield is justly proud of its green assets,'' she said.
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Dig deep to improve natural environment
"Now Air Max Shoes 2016 Black we will be knocking on doors and asking firms to dig deep for a cause which will benefit everyone in the city and encourage further business investment.
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