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 | Jan 27, 2021
AECOM sues insurance carrier for payment of COVID-19 property damage claims
Claims ‘all-risk policies’ should have included millions of dollars of losses due to virus.
Codes and Standards | Jan 26, 2021
Updated guide to repair and rehabilitate existing concrete structures published
Document assesses how to adhere to code requirements.
Codes and Standards | Jan 25, 2021
New guide for skylight selection, daylighting design released
Free Fenestration and Glazing Industry Alliance document now available.
Codes and Standards | Jan 21, 2021
California considers statewide ban on natural gas heat, hot water in new homes
Code update would take effect in 2023.
Codes and Standards | Jan 20, 2021
Steel industry, labor urge Biden to retain steel tariffs
‘Essential to ensuring the viability of the domestic steel industry.’
Codes and Standards | Jan 19, 2021
2021 Solar Investment Tax Credit will remain at 26%
Incentive was scheduled to be reduced to 22%.
Codes and Standards | Jan 19, 2021
Thomas Jefferson University launches the Institute for Smart and Healthy Cities
Will address climate change, social equity, rapid urbanization, and health.
Codes and Standards | Jan 14, 2021
Petition urges FEMA to update flood maps, set tougher standards for floodplain construction
Environmental and planning groups note soaring claims, flood insurance debt.
Codes and Standards | Jan 13, 2021
Proposed change to IECC process irks efficiency advocates
New procedure would diminish influence of local code officials.
Codes and Standards | Jan 12, 2021
Two net-zero hotel projects could portend a new hospitality trend
Energy-intensive sector comprises 10% of all commercial real estate.