The university intends to raise $200m from “investors who share our sustainable values”

The money will go reduce “upfront carbon emissions” by a minimum 20 per cent in construction of new campus buildings.

It’s the most they can  do – what with electricity from the grid being hydro-driven green.

U Tas claims the Inveresk campus development is already reducing “embodied carbon” by 30 per cent, which may mean the bond-funded savings will occur in CBD construction as the university relocates into downtown Hobart.

U Tas joins other universities borrowing to go green. Monash U issued a $218m climate bond in 2016. Macquarie U issued a $250m ten-year green bond in 2018 and Australian Catholic U raised $200m the same year.