New Report Offers Cities Guidance on Accessing the Vast Green Bond Market
The U.S. branch of the Green City Bonds Coalition, a group of global organizations working to facilitate green bond expansion, has released The Green Muni Bonds Playbook. This fifteen page report provides guidance for cities and other public entities that issue municipal bonds to pay for infrastructure such as energy, water and transportation. It describes the state of the market, the benefits of issuing green bonds, how the market defines what is green and the steps cities need to take to access this growing market. It also includes case studies from a number of cities.
Member organizations of the U.S. Green City Bonds Coalition include As You Sow, C40 Cities, CDP (formerly Carbon Disclosure Project), Ceres, Climate Bonds Initiative, and Natural Resources Defense Council.