What Does a Biden Administration Mean for U.S. Green Bonds?
What Does a Biden Administration Mean for U.S. Green Bonds? By William Sokol, Senior ETF Product Manager, VanEck Despite lack of federal support from current and previous administrations, the U.S. has a large green bond market comprising corporate, agency and muni issuers with over $200bn of issuance, accounting for 21% of the global market and ranking it #1 in terms of country of issuer. 1 However, the U.S. green bond market is far from where it should be based on the size of its bond market, and even further from where it needs to be to finance a transition to a low carbon economy. There i...
Source: etftrends.com