Green municipal bonds

The rapid growth of the market for green bonds—the proceeds of which are used to finance projects that will improve the environment—has sparked interest among stakeholders worldwide. Municipalities, cities, and state-owned utility companies have begun to emerge as strategic issuers of green bonds in the United States, Europe, and South Africa. The growth in green bonds comes amid greater awareness of climate change and expanding investor appetite for environmentally friendly investment products. Green municipal bonds are an important area for future growth as cities and other sub-national entities look to low-cost and long-term sources of capital to finance climate mitigation and adaptation infrastructure requirements.

Sustainable Development Goals:

Sustainable Cities and Communities

Peace, Justice and Strong Institutions