Moody’s published its 2023 Outlook – Macroeconomic challenges to exacerbate ESG credit risks on January 9, 2023, laying out various macroeconomic challenges it expects as a result of climate-related and other issues. Among...more
Earlier this week, Moody’s Investors Service announced issuance of a report (payment required) warning that: “the effects of climate change, including climbing global temperatures, and rising sea levels, are forecast to...more
“Green Bonds” are a relatively new trend in the bond market. They offer investors an opportunity to invest in “green projects” that help mitigate climate change. Categories of green projects include renewable energy, energy...more
The municipal green bond market is in its infancy. For it to achieve scale and widespread recognition, a process for verifying whether a bond is “green” is needed so the market can fairly judge the merits of each green bond...more