GRESB recently released the 2016 update to the GRESB Green Bond Guidelines for the Real Estate Sector.
The guidelines are geared to real estate sector market participants originating and/or investing in green property bonds. Green bond issuance in 2016 currently stands at slightly above $50 billion and is on pace for $80 billion by year end—a record setting level. Key growth areas include China and Mexico.
Over the past several years, green property bonds gained greater traction, with the real estate industry emerging as a key sector. “Climate change and societal efforts to reduce carbon emissions have become one of the big investment themes,” said Nils Kok, CEO of GRESB. “Alternative investments such as green bonds, used to fund environmentally-friendly projects, have emerged as a market-driven way of bridging the financing gap by directing capital to companies with projects that can slow carbon emissions as we work to avoid environmental catastrophe.”
To read more about the GRESB Green Bond Guidelines for the Real Estate Sector, visit gresb.com.
Related Stories
Codes and Standards | Mar 27, 2017
Bills in Maryland Legislature would restrict use of wood in multifamily construction
American Wood Council and design and construction professionals are speaking out against the measure.
Codes and Standards | Mar 23, 2017
New manual of IT connectivity guidelines for commercial developments, redevelopments released
Mobile capacity planning, conduit points of entry, and electrical resiliency are covered.
Codes and Standards | Mar 22, 2017
Brick Industry Assn. study finds brick buildings cost less than precast, metal, and glass
The study compares costs in five categories of construction.
Codes and Standards | Mar 21, 2017
Calif. shopping center is first to earn BREEAM USA In-Use certification
The certification measures and monitors environmental performance of existing buildings.
Codes and Standards | Mar 20, 2017
Professional liability insurance rates for architects and engineers expected to be stable in 2017
Premiums leveled off in 2015, and claims have been stable, helping to hold costs down.
Codes and Standards | Mar 15, 2017
Energy Star program at risk
The standard-setting initiative for energy-efficient products may be a victim of Trump budget cuts.
Codes and Standards | Mar 14, 2017
Timber Innovation Act to promote tall wood buildings introduced in Congress
The measure has bipartisan support.
Codes and Standards | Mar 13, 2017
U.S. House and Senate have voted to repeal Dept. of Labor’s 'blacklisting' rule
The rule mandates labor compliance review for federal construction contractors.
Codes and Standards | Mar 9, 2017
WiredScore forms Connectivity Advisory Committee
The committee's creation is an important step forward for the group that evaluates internet connectivity in buildings.
Codes and Standards | Mar 8, 2017
New guide examines multifamily high-performance ventilation
The focus is on cost and performance of various systems.
