Blog

Blog Mailing

Alert: California is about to issue its first $200m green bond, the second US State to do so. + Massachusetts ups to $350m

Rating from Fitch's is 'A Stable'. Expected to close in a couple of weeks.

Also, Massachusetts has upped it's green bond coming out next week from $250 to $350 million. Investor demand I guess.

Now can you guess which will be the third US State to issue a Green Muni? It's in the works.

Yes, this means a US Green Muni market is readying for take-off.

Alert: nine days to go before 2nd Mass. Green Bond due out - 17 Sept - $250m this time, up from $100m last time.

In June last year the State of Massachusetts was the first to market in the USA with a green Muni. They're about to go again - their bond sales calendar has them going to market next week, on 17 September, with a new $250 million "general obligation" green bond.

Reminder: climate bonds seminar 18th Sept, San Francisco’s Green/Climate Bond briefings and discussions with CBI & California State Controller. Register now, event is free.

California State Controller John Chiang & State Treasurer Bill Lockyer invite you to a San Francisco Climate Bonds seminar with Sean Kidney, on Thursday 18 September 2014. 

RSVP to info@climatebonds.net, limited seats available.

There are two separate meetings:

8.30-11am is for Investors and the Finance Sector. Program:

Proposed Climate Bonds Green Property criteria allow top 15% of buildings to be used to back green bonds; positive feedback so far; consultation period now closes 30 Sept

Green buildings are central to a shift to a low-carbon economy; the International Energy Agency(IEA) tells us that deep cuts in building emissions are needed to head off catastrophic climate change.