In December 2018, the City of Columbia, the state capital of the state of South Carolina, issued their first green bond. This was to fund the development of their stormwater systems, in preparation for more climate change related adverse events.
This also marks the first municipal Certified Climate Bond issued outside of New York or California.
|DATE OF ISSUE||TYPE OF INSTRUMENT||SIZE||TENOR||COUNTRY OF ISSUE||CLIMATE BONDS SECTOR CRITERIA||VERIFIER'S REPORT||ANNUAL REPORT||FURTHER INFORMATION|
|December 2018||Use of proceeds bond||USD 37.9 million||multiple tranches, up to 30 years||United States||Water Infrastructure||
pre issuance report by Sustainalytics
|general annual report for 2019||
City of Columbia Press Release