Newly released data from the Climate Bonds Initiative shows that California leads all other states on green bond issues that have closed, followed closely by New York State at $4.73 billion, Massachusetts at $2.83 billion, and Washington State at $1.9 billion, with Connecticut, Indiana, Colorado, Iowa, Illinois & Ohio all under $1 billion (Top 10 ranking below).
Issuer
|
Cumulative
Amount Issued (USDbn)
|
Top
10 Rank Nov 2017
|
California
|
5.03
|
1
|
New York
|
4.73
|
2
|
Massachusetts
|
2.83
|
3
|
Washington
|
1.97
|
4
|
Connecticut
|
0.83
|
5
|
Indiana
|
0.75
|
6
|
Colorado
|
0.62
|
7
|
Iowa
|
0.46
|
8
|
Illinois
|
0.37
|
9
|
Ohio
|
0.35
|
10
|
California green issuers ranges from large institutions such as the California Infrastructure Bank and the City of Los Angeles to school districts in Fremont and San Diego to the Mid-Peninsula Open Space District. The chart below shows the range of California issuers and the total of all green bonds they have issued. The prior CalGreenFinance post showed the individual issues and the general project descriptions (here).
California Cumulative Muni Green Bond Data Through Nov, 2017
Issuer
|
Total
All Issuances
|
State of California IBank
|
$860,735,000
|
City of Los Angeles
|
$739,740,000
|
San Francisco Public Utilities
Commission
|
$531,955,000
|
Los Angeles Metropolitan Transit
Authority
|
$471,395,000
|
California Health Facilities
Financing Authority
|
$408,390,000
|
Bay Area Rapid Transit (BART)
|
$384,735,000
|
State of California Treasurer's
Office
|
$300,000,000
|
East Bay Municipal Utility
District
|
$259,690,000
|
California Pollution Control
Financing Authority
|
$228,165,000
|
City and County of San Francisco
|
$171,405,000
|
Los Angeles County Sanitation
District
|
$170,265,000
|
San Diego Unified School District
|
$159,000,000
|
San Diego County Water Authority
|
$98,945,000
|
Santa Monica Public Finance
Authority
|
$68,565,000
|
Midpeninsula Open Space District
|
$57,410,000
|
Port of Los Angeles
|
$35,205,000
|
Fremont Union High School District
|
$31,170,000
|
City of Long Beach
|
$25,985,000
|
Trinity Public Utilities District
|
$20,835,000
|
City of Napa
|
$12,500,000
|
Total
|
$5,036,090,000
|
A growing number of California issuers have also followed international best practice in gaining Climate Bonds Certification for their green issuance, including Bay Area Rapid Transit (BART), SFPUC and Los Angeles MTA.
![]() |
California leads other state in green bond issues, but New York has issued more CBI Certified green bonds |
“California has long been a national standard bearer in areas ranging from advancing civil rights to protecting our natural resources," says State Treasurer John Chiang. "In that same vein, the State of California and its municipalities lead the U.S. in the use of green bonds, raising more than $5 billion in affordable capital to both curb climate change and build critical infrastructure. The achievement is laudable but not enough considering how the United States still lags behind Europe, Asia, and South America in taking advantage of climate-friendly green bonds to finance the conversion of a fossil-fuel based economy to a carbon-free alternative.”
![]() |
State Treasurer John Chiang |
“I am working to change that equation by hosting a major green bonds symposium in February," says Treasurer Chiang. "I am assembling the nation’s foremost experts to come up with ways to turbocharge this innovative, new market, with an eye toward unlocking its latent potential to pay for billions of dollars in investments to protect our planet from global warming.”
More information on Treasurer Chiang's Green Bond Symposium can be found at: Green Bond Symposium
“Capital flows are moving in the right direction from diverse municipal issuers of every size across the state," said Justine Leigh-Bell, Director of Market Development for the Climate Bonds Initiative. The focus on water, energy and waste is very encouraging. The challenge now is to increase the number of green issuers across the state and encourage repeat issuance.”
“Capital flows are moving in the right direction from diverse municipal issuers of every size across the state," said Justine Leigh-Bell, Director of Market Development for the Climate Bonds Initiative. The focus on water, energy and waste is very encouraging. The challenge now is to increase the number of green issuers across the state and encourage repeat issuance.”
Justine Leigh-Bell of Climate Bonds Initiative |
“Our previous data at the end of Quarter 3 had New York State in front, but California has just nudged ahead to reach the landmark $5 billion figure for municipal green bonds," said Leigh-Bell. "The foundation is there to lead US states again and be first to reach $10 billion. We expect the State Treasurer’s February 2018 Green Bonds Symposium and Governor Brown’s Global Climate Action Summit later in 2018 will both provide sub national, national and international momentum around green investment to address climate change.”
Pretty! It was really a wonderful blog. Thanks for the provided information.
ReplyDeletemortgage broker for refinance in Toronto
Wonderful illustrated information. I thank you about that. No doubt it will be very useful for my future projects. Would like to see some other posts on the same subject! Accurate Forex Signals
ReplyDeleteI needed Epoxy Surfaces Southern Illinois out and obtained a great deal. His team demonstrated up and does a great work. Suggest this business. Keep the assistance of the get and defeat the very best click to read more.
ReplyDeleteYour blog provided us with great information to work with, each tips of your post are amazing. Thanks a lot for sharing. Keep blogging.
ReplyDeleteProfiting in Forex Trading doesn’t come from trading more often, but by profitable trades. The best trades aren’t available every hour or even every day, so sometimes you might have to wait for days or even weeks to find good Forex Managed Accounts
شركة تنظيف شقق بخميس مشيط
ReplyDeleteشركة تنظيف فلل بأبها
شركة تنظيف فلل بالطائف
It is much larger than the stock exchange business and is the determining factor in foreign trade and relations. convert $4.99 Offering solutions at every level, they cater to the needs of both businesses and individuals.
ReplyDeleteThanks a lot for sharing this excellent info! I am looking forward to seeing more posts by you as soon as possible! I have judged that you do not compromise on quality. payday loans no credit check
ReplyDeleteHi, just desired to let you know, I enjoyed this blog post. It had been funny. Carry on posting! workers compensation support
ReplyDeleteReally I enjoy your site with effective and useful information. It is included very nice post with a lot of our resources.thanks for share. i enjoy this post. quicken loans
ReplyDeleteWonderful article. Fascinating to read. I love to read such an excellent article. Thanks! It has made my task more and extra easy. Keep rocking. mattress protector target
ReplyDeleteLove to read it,Waiting For More new Update and I Already Read your Recent Post its Great Thanks. laen
ReplyDeleteI ran across your site last week and started to follow your posts consistently. I haven’t commented on any kind of blog site just yet but I was considering to start soon. It’s truly exciting to actually contribute to an article even if it’s only a blog. I really don’t know exactly what to write other than I really loved reading through a couple of of your articles. Great articles for sure. I will keep visiting your blog regularly. I learned a lot from you. Thanks! investment leads
ReplyDeleteI’ve the same problem sometimes, but I generally just force myself via it and revise later. Good luck! zahnarzt zürich
ReplyDeleteExchange charges regularly whittle down the benefits of an individual, principally if the individual performs heaps of budgetary exchanges each month.Getnode Test
ReplyDeleteفنحن نقوم بكافة أعمال التنظيف للشقق والفلل والقصور نعمل على تنظيف كافة المنزل بداية من الأرضيات سواء كانت بلاط أو سراميك أو رخام و أيضا نقوم بتنظيف فرش الأرضيات سواء موكيت أو سجاد بأكثر من طريقة سواء باستخدام البخار أو بجهاز الرغوة الالية أو باستخدام الفرشاة الاليه. كما نقوم بتنظيف الأثاث بأجود المواد التي لا تؤثر على درجة الالوان أو حالة الأخشاب كما نقوم بتلميع الزجاج ممها بلغ ارتفاعة.
ReplyDeleteشركة غسيل موكيت بابها
شركة عزل خزانات بابها
شركة تنظيف خزانات المياه بابها
شركة تنظيف كنب بابها
شركة رش مبيدات بابها
شركة رش مبيدات بابها
شركة مكافحة الحشرات بابها
When going about financial planning, it is best to obtain the services of a professional financial planner. Financial planners offer guidance and advice when it comes to any issues regarding Financial Plan
ReplyDeleteI found that site very usefull and this survey is very cirious, I ' ve never seen a blog that demand a survey for this actions, very curious... slick cash loan
ReplyDeleteI'm just seeking to models write-up. Its fantastic come across people today explain in words to the heart in combination with comprehension during this sizeable motif will likely be easily uncovered. Finance
ReplyDeleteThanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with extra information? It is extremely helpful for me. Azizi Jawad
ReplyDeleteThe expanding failure of banks and different business moneylenders to give sufficient measures of business credits and working capital financing has delivered this reasonable result. usaa routing number
ReplyDeleteThis is really a nice and informative, containing all information and also has a great impact on the new technology. Thanks for sharing it, instagram likes gradual delivery
ReplyDeleteThis blog is very informative the stuff you provide I really enjoyed reading.
ReplyDeletemedication discounts | 1000
On many specialist locales on the web, bond stages are not even in presence. Along these lines, the universe of putting resources into singular bonds stays cloudy. Bail Bonds In CT
ReplyDeleteIts source is considered before hand as a downturn kind in the consistence of the prepared items cost. Financial planning
ReplyDeleteMany people have answered ads to earn money online or through various other methods for more info. Once you send for information, you get on someone's list and are likely to be bombarded with emails daily espousing one program or another.
ReplyDeleteI personally use them exclusively high-quality elements : you will notice these folks during: Finance
ReplyDeleteThis type of message always inspiring and I prefer to read quality content, so happy to find good place to many here in the post, the writing is just great, thanks for the post. compliance audit software
ReplyDeleteSmith's greatest barrier was that Walker was referred to more as a hard core partier than he was as a wily legislator. NYC Mayor
ReplyDeletePhenomenal and extremely energizing site. Adoration to watch. Continue Rocking. 代写编程语言包括Python代写
ReplyDeleteA pre-approval agreement may lock-in a specific interest rate throughout the mortgage pre-approval's 60-to-90 day term. private mortgage lender sydney
ReplyDeleteMany top experts maintain that the alternative financing solutions currently available to your firm, in fact are on par with Canadian chartered bank financing when it comes to a full spectrum of funding. WeymouthCarnival
ReplyDeleteWelcome to Globalspoint, your immediate source for latest trending News. We're enthusiastic to share Up-to-date News, with ... global point
ReplyDeleteWe have sell some products of different custom boxes.it is very useful and very low price please visits this site thanks and please share this post with your friends. schufa auskunft
ReplyDeletethe meaning of finances, as the arrangement of the creation and use of assets of money sources fair and square of wonder. https://neconnected.co.uk/top-3-tips-to-grow-your-facebook-business-page/
ReplyDeleteThe more difficult the information is, the harder it's going to be to retain, so you have to break down tough information into smaller tidbits. Breaking the whole down into segments and then reassembling them in your mind not only allows you to retain the memory, but it also creates a road map to allow you to recall the memory. Marijuana dispensary in California
ReplyDeleteThere is great effrot that is projecting from this article.
ReplyDeleteAmazon Bank of Baroda Offers
Amazon HSBC Offers
Homemakers generally build the capability to do multitasking and that is the number one reason online forex trading
ReplyDeleteHomemakers generally build the capability to do multitasking and that is the number one reason ubanker
ReplyDelete"financial cash relations, which forms in the process of distribution and redistribution of the partial value of the national wealth and total social product, Purchase invoices to Xero
ReplyDeleteI definitely enjoying every little bit of it. It is a great website and nice share. I want to thank you. Good job! You guys do a great blog, and have some great contents. Keep up the good work. click here
ReplyDeleteThrough unifying and combining the finance work, an open door exists to expand the range of control to best practice levels of 6 to 8 colleagues to one leader/chief. candlesticks
ReplyDeleteN. D. Barkovski answers that working of cash made an affordable reason for allocating finances and credit as a free class and offered ascend to the credit and monetary relations. passivinkomst247
ReplyDeletethank you for your interesting infomation. website redesign services
ReplyDeleteThere is just one answer, which is obviously yes. You should treat your SRED tax reduction financing similarly as some other fundamental financing. nehézgép szállítás Europa-Road Kft.
ReplyDeleteThere are many people who will validate reality behind this assertion. Missouri debt relief
ReplyDeleteThis is such a great resource that you are providing and you give it away for free. I love seeing blog that understand the value of providing a quality resource for free. Domain Name Registration Australia
ReplyDeleteWho would have thought that learning would be this fun? This company naming agency really paved the way to great ideas about my new business. I really learned a lot throughout the course. You guys should try this out. business dialogs
ReplyDeleteRecommend http://love-spell-reviews.com
ReplyDeleteThe seven next factors below are things you must be aware of and to take in account before you purchase a mattress because that mattress will play a major role in the quality of your sleep over night and your mood from the next day. cheap truck mattress
ReplyDeleteI really like your take on the issue. I now have a clear idea on what this matter is all about.. digital marketing agency for small businesses
ReplyDelete