Municipal bond yields show investors willing to pay premium for debt that addresses climate change
- Written by Carolin Schellhorn, Assistant Professor of Finance, St. Joseph's University
Bond investors have shown a preference for funding cities' green projects. AP Photo/Mark LennihanThe Research Brief is a short take about interesting academic work.
The big idea
Municipal bond investors are increasingly confident that as climate change accelerates, cities will be forced to prioritize projects that seek to mitigate the consequences,...