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Israel Issues $2 Billion Green Bond and Advances Climate Innovation Amid Resource Scarcity

ENERGY STORAGEHYDRO POWERSOLAR ENERGY

Israel's sustainability strategy focuses on transforming resource scarcity into innovative solutions, establishing itself as a global leader in climatech with 946 active startups and $9.5 billion in investment since 2018. In January 2023, Israel issued its first sovereign Green Bond, raising $2 billion for clean transportation, sustainable water management, and land use.

By 2024, proceeds were allocated, with 96% to transportation. A carbon tax on fossil fuels will begin in 2025, aimed at phasing out coal by 2026. Israel recycles 90% of its wastewater and has achieved record-low solar energy costs at $0.019 per kWh.

The country is scaling Pumped Storage Hydropower for energy storage and aims to shift 20% of transport to public systems by 2030. 'Project Prosperity' exemplifies regional cooperation by exchanging desalinated water for solar energy with Jordan. Israel also shares its expertise globally, impacting over 5.3 million people in Africa through clean technology initiatives.

Israel Issues $2 Billion Green Bond and Advances Climate Innovation Amid Resource Scarcity
Jan 31, 2026, 1:45 PM

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