2.4.4 Green Bonds

LPDD Recommendation: “Local governments, States, and the federal government should support financing of carbon reducing technologies through the issuance of green bonds.”

LPDD Recommendation: “Accrediting agencies such as Moody’s and the International Capital Market Association should adopt improved green bond standards more closely tied to guaranteed and achieved carbon performance.”

Proposed Clean Energy Victory Bonds Act (2019)

Directs the Secretary of Treasury to work with the Secretary of Energy and the Secretary of Defense to establish Clean Energy Victory Bonds, which would raise extra funds for investment in clean energy and energy efficiency deployment.

World Bank Green Bonds

Raises funds from fixed income investors to support World Bank lending for eligible projects that seek to mitigate climate change or help affected people adapt to it.