01764788

Monograph

http://www.trb.org/Main/Blurbs/181632.aspx

This report provides public transit agencies with an introduction to green bonds and how they can be used to advance the sustainability goals of those agencies. The report uses case studies to provide public transit agencies with the context and knowledge needed to understand the complexity of green bond issuance. The target audiences are public transit systems of all sizes and their stakeholders, including policymakers, transit board members, elected officials, and public transit agency managers and financial officers who are seeking new opportunities to finance public transportation. The report will also be useful to financial and legal advisors, as well as individual investors. The report is organized into eight chapters; the initial chapters introduce green bonds and provide an overview of the green bond market and transit green bonds. Subsequent chapters explain the costs and risks of green bonds versus traditional bond financing, the benefits of green bonds, how green bonds advance sustainability goals of public transit agencies, and alternatives to green bonds. Chapters 6 and 7 provide agencies interested in issuing green bonds with practical steps to follow, and they highlight case studies and lessons learned. The appendix at the end of this report provides several valuable resources that public transit agencies can utilize to expand their understanding of sustainable finance and make informed decisions on how best to incorporate the available resources into their strategies going forward.

TCRP Project J-11

English

50p

2021

TCRP Research Report

9780309284455

Digital/other

Appendices; Bibliography; Figures; Photos; Tables

Bonds; Case studies; Costs; Financing; Lessons learned; Public transit; Risk; Sustainable development; Transit operating agencies

Economics; Finance; Public Transportation

TRIS, TRB, ATRI

Feb 1 2021 10:40AM