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 5, 2019
Persistent flooding having economic impact on coastal cities
Atlantic City, Annapolis among communities affected.
Codes and Standards | Mar 1, 2019
$1 billion Boston hospital project to include extensive disaster resiliency features
Mass. General expansion will be designed for four days of shelter in place.
Codes and Standards | Mar 1, 2019
U.S. cities have become more dangerous for bicyclists and pedestrians
Reduced speed limits, traffic calming, better education seen as keys to improvement.
Codes and Standards | Feb 28, 2019
High-income renters now the fastest-growing housing market segment
Growth is fastest in mid-sized cities with strong economies.
Codes and Standards | Feb 27, 2019
Katerra launches software platform for ‘entire lifecycle of the building process’
Firm is accepting industry applicants to test the product.
Codes and Standards | Feb 26, 2019
AAMA updates two specifications for test methods related to seismic drift
For evaluating window wall, curtain wall and storefront systems.
Codes and Standards | Feb 22, 2019
California’s carbon reduction goals to be aided by programs to convert heating, hot water systems
Switch from propane to electricity is critical to plan.
Codes and Standards | Feb 21, 2019
Researchers develop software that can calculate potential solar energy yield at any location
Accounts for dynamic shading from trees, buildings and other structures.
Codes and Standards | Feb 20, 2019
Hospitals not making much progress in reducing their carbon footprint
Energy benchmarking survey shows flat emissions pattern over past 20 years.
Codes and Standards | Feb 15, 2019
Super Bowl stadium helps alleviate Atlanta’s flood problems
Capacity to store more than 2 million gallons of storm water on site.