Massachusetts Will Borrow Up to $2.4B for Climate-Impact Response (1)

Massachusetts will borrow up to $2.4 billion during the next five years to help the state’s coastal communities defend themselves against climate change.

Gov. Charlie Baker (R) signed an environmental bond bill Aug. 9 to provide for the borrowing authority and help the state and its communities prepare for flooding, wind, and extreme weather.

“All of the Commonwealth’s cities and towns must prepare for the impacts of climate change,” Baker said Aug. 9 in a signing statement.

Under the approved bond, the state will borrow $225 million for coastal resource protection, open space preservation, and land ...