The Principles of Responsible Investment (PRI) said the US$4 trillion US municipal bond market is well-placed for ESG investing in a new report outlining opportunities. US municipal or muni bonds fund much of the US’ public services and infrastructure and often align with environmental and social goals. The report highlights growing opportunities for investors to fund climate-related projects in light of public bodies needing to raise money for climate-resilient infrastructure. It also covers the landscape of labelled muni bonds where use of proceeds are explicitly tied to environmental and social goals.
US municipal bonds fund key infrastructure & public services with clear environmental & social implications so are well-positioned for investors pursuing a thematic ESG approach.
Read our report on key issues for the thematic approach in this market: https://t.co/RxaWSAfsy7
— The PRI (@PRI_News) January 18, 2023
