Assessment of Green Municipal Bonds
Features favourable for municipalities |
Features NOT favourable for municipalities |
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Types of EE projects or EE services suitable to be financed this way
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Infrastructure modernization or other EE related projects intended to benefit local communities like:
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sustainable waste management
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sustainable land use
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biodiversity conservation
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clean transportation, clean water, and various climate adaptation projects
Recommendations for deployment
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As the green municipal bond market is growing, it is important that issuers understand the process of issuing green bonds before entering into a transaction.
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Identifying and qualifying green projects and assets - municipalities, city governments, and states should first define the kind of green projects they seek to support with green bonds, while clearly stipulating that the proceeds from the green bond sale would be earmarked for green projects or assets.
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Evaluating the creation of a taxable green bond programme - connection of green bonds to tax deductions is very helpful to make them more attractive.
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Trainings for municipalities on the benefits and formalities related to green municipal bonds, using the experience of partners who implemented the method
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Creating a handbook showing step by step the formalities related to the issue