BC’s Municipal Finance Authority still has no plans to divest itself of fossil fuel investments.
But chief administrator Peter Urbanc says in response to such requests they’re thinking about creating a new fund.
Urbanc says the fund would need at least $100 million to make it worthwhile.
They’re surveying members to see how much interest there is.
- Advertisement -
The organization provides borrowing and other financial services to local governments.
Urbanc spoke to the Regional District of Central Kootenay board this week.