Full Title: Fixed Income Investing in Climate Solutions: Green Bond Opportunities for Philanthropic Foundations
Author(s): Clean Energy Group, Confluence Philanthropy, and Croatan Institute
Publisher(s): Clean Energy Group, Confluence Philanthropy, and Croatan Institute
Publication Date: June 1, 2015
Full Text: Download Resource
Description (excerpt):
Clean Energy Group, Confluence Philanthropy, and Croatan Institute have jointly release the first ever study on the role of green bonds in foundation portfolios. The report, “Fixed Income Investing in Climate Solutions: Green Bond Opportunities for Philanthropic Foundations” focuses on the growing market for green bonds and their potential role as a component of a fossil-free investment strategy for the increasing numbers of foundations committing to divest from fossil fuels.
The report provides an overview on green bonds, the projects they finance, the challenges the market is facing, and the opportunities for foundations to support the market as it rapidly takes off. It builds upon a broader, year-long inquiry conducted by Clean Energy Group and Croatan Institute into the nature of institutional investor demand for green bonds, which involved consultations with more than 50 investors, portfolio managers, foundation officers, underwriters, and other experts in the field, including at a side event to the United Nations Climate Summit held at the Surdna Foundation in September 2014.