Higher credit ratings In a review of the preceding statistically valid data on added green property value by the university studies, Morningstar acknowledged higher energy efficiency rating credit for green property bonds where validated for each property by underwriting standard 25-100 Green Value Scores (Morningstar, 2014). Primary reliance for this acknowledgement was the UNC Chapel Hill Business School Home Energy Efficiency & Mortgage Risk Report documenting 32% fewer defaults from energy efficient properties (UNC Chapel Hill, 2013). 4. Market Value and Share of Leadership Sustainability Industries for Green Bonds Leadership sustainability standards have been recognized for many years as substantially reducing pollution (Leadership Standards Campaign 2011). Green bonds are supporting industries that have found market traction, and green bond financing could provide the infusion of capital needed for important clean energy transition and climate mitigation projects. The work in developing and updating leadership standards spans some 30 years and includes millions of professionals with environmental groups, government, and industry achieving consensus on these difficult but critically important issues. Given the controversy, complexity, and work needed to develop and approve leadership standards significantly reducing pollution, the green bond market can take advantage of these standards and thus prevent greenwash and maintain the added value of green bonds.
Higher credit ratings In a review of the preceding statistically valid data on added green property value by the university studies, Morningstar acknowledged higher energy efficiency rating credit for green property bonds where validated for each property by underwriting standard 25-100 Green Value Scores (Morningstar, 2014). Primary reliance for this acknowledgement was the UNC Chapel Hill Business School Home Energy Efficiency & Mortgage Risk Report documenting 32% fewer defaults from energy efficient properties (UNC Chapel Hill, 2013). 4. Market Value and Share of Leadership Sustainability Industries for Green Bonds Leadership sustainability standards have been recognized for many years as substantially reducing pollution (Leadership Standards Campaign 2011). Green bonds are supporting industries that have found market traction, and green bond financing could provide the infusion of capital needed for important clean energy transition and climate mitigation projects. The work in developing and updating leadership standards spans some 30 years and includes millions of professionals with environmental groups, government, and industry achieving consensus on these difficult but critically important issues. Given the controversy, complexity, and work needed to develop and approve leadership standards significantly reducing pollution, the green bond market can take advantage of these standards and thus prevent greenwash and maintain the added value of green bonds.
Green%20Bond%20Business%20Case%2012.docx