Green Bonds in Brief: Risk, Reward, and Opportunity, a new report from As You Sow and the Cornell Institute for Public Affairs, describes an exciting new financial instrument to help fund much-needed carbon reduction, energy efficiency, and other climate-related environmental projects.
Similar to traditional bonds, green bonds offer an opportunity for investors and issuers to encourage growth of green projects such as energy efficiency, renewable power, and cleaner transit. Accessing capital at the massive scale needed to finance a transition to a low carbon, sustainable economy is a tremendous challenge. But the green bond market is beginning to boom as investors clamor for fixed income investments with environmental attributes.
Estimated to reach over $100 billion in issuances next year, green bonds offer one more tool to fund the $53 trillion in energy investments needed by 2035 to avoid catastrophic climate change. Download Green Bonds in Brief from www.asyousow.org, or visit www.gogreenbonds.org to learn more.