“We do not have a green bonds capital project ready yet, but we are talking about it,” Biery says. “We have people and institutions that are not usually attracted to muni bonds who are interested because they will be green bonds.”
In addition to As You Sow, coalition members include the Climate Bonds Initiative, an investor-focused, not-for-profit founded to mobilize debt capital markets for climate change; C40 Cities, a network of the world’s megacities dedicated to climate change solutions; the International Finance Corporation, an organization of the World Bank Group; the Natural Resources Defense Council, an international environmental advocacy organization; and the CDP, an organization created to encourage sustainable economies.
The playbook is available here.