Green municipal bonds are set to take off in 2015 after a flurry of issuances in the latter half of 2014. With interest rates at an all time low, this is the time to finance the vast backlog of infrastructure upgrades and developments needed – and to green that infrastructure.
Please join us in Boston on Monday September 23 for an intimate meeting about Bonds and Climate Change: the state of the market in 2013, 4-6pm. Please circulate this invite!
Speakers: Sean Kidney, Climate Bonds Initiative; Sean Flannery, Meister Consulting and former CIO SSgA Americas; Cheryl Smith, Trillium Investments.
Governor Andrew Cuomo announced a new Green bank in his annual 'State of the State' address yesterday. He said the bank would focus on leveraging private sector capital for clean energy.
This is an excellent development. As we've argued since our inception, special purpose State financial institutions will play important enabling roles in leveraging private investment for public policy purposes.
Lots of people have argues that energy efficiency and other "green" improvements should improve the value of a house, at least commensurate with the investment, but survey data on the ground has been hard to come by.