B5.1 Clean energy bonds
Sell municipal bonds for clean energy projects.
Sound Transit issued nearly a billion dollars in green bonds in 2015, in the largest municipal sale of them in the world up to that time. King County has issued green bonds for some wastewater projects, and anticipates issuing them to finance projects that have environmental benefits and/or projects that assist the County in mitigating or adapting to the effects of climate change. They list “… projects that involve clean transportation conversions to zero-emission buses; forest land protection and habitat restoration to offset greenhouse gas emissions; and design and construction of green-built facilities that include recycled and energy saving materials, improve air quality, reduce water use, and achieve high ratings for sustainable construction” as examples.
Spokane has also issued green bonds for wastewater projects.