Green Muni Bonds Are Blooming Slowly
What does the market for green muni bonds look like, and where is it going?
Investors today can expect to see a plethora of gardening-related puns when reading about the blossoming green-bond market. Green bonds, fixed-income instruments whose use of proceeds are specifically linked to the undertaking of environmentally sustainable projects, have surged in size over the previous decade. We dug into this topic in our recent white paper, including assessing the growth of the green-bond market itself, how asset managers both in the United States and in Europe are seeking to take advantage of this new market, and whether these bonds belong in your portfolio.
Gabriel Denis does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.