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
Smart Buildings | Aug 21, 2015
Federal Alliance for Safe Homes offers plan to strengthen codes for disaster resilience
Some states losing ground on resilience, group says
Codes and Standards | Aug 21, 2015
After disease outbreak, ASHRAE legionella standard adopted in New York
City Council acts after 12 die of legionellosis
Codes and Standards | Aug 13, 2015
Research indicates major earthquake looming for Pacific Northwest
Most structures built before seismic codes instituted; extreme damage predicted
Codes and Standards | Aug 13, 2015
New York City may allow affordable housing developers to ‘double dip’ in subsidies
New York City may allow affordable housing developers to ‘double dip’ in subsidies
Codes and Standards | Aug 13, 2015
L.A. considers controversial traffic calming measures
Goal is to encourage alternative transportation
Codes and Standards | Aug 13, 2015
Proposed facility smart grid standard open for public review
Goal is common way to describe, manage, communicate about electrical energy consumptions, forecasts
Codes and Standards | Aug 6, 2015
AAMA updates methods for testing of exterior walls
The standard specifies test methods, specifications, and field checks to evaluate structural adequacy of exterior wall systems composed of curtain walls, storefronts, and sloped glazing.
Codes and Standards | Aug 6, 2015
Difference in male-female thermal comfort is due to clothing, ASHRAE says
Women wear lighter clothing in the summer, so they tend to be cooler in air-conditioned rooms, according to the group.
Codes and Standards | Aug 6, 2015
ConsensusDocs releases new CM agency contract standard agreement
For use when owner acts as the construction manager, hires a construction manager, or uses multiple prime contractors
Codes and Standards | Jul 31, 2015
AIA, International Code Council reach collaborative agreement on building codes
The deal covers a wide range of initiatives, including code development, compliance, and sustainability.
