Green municipal bonds outperform, unlocking capital for sustainable city projects.
The study looked at how well green municipal bonds in the US perform compared to regular municipal bonds. They made a special index for green bonds and found that it did better than a similar regular bond index from 2014 to 2018. By 2018, green bonds had a 5 basis point advantage in the market. This could mean that green bonds are becoming more popular and could be a good way for cities to get money for eco-friendly projects.