New Resilience Taxonomy Brings Clarity to Climate Risk in the $4.3 Trillion Municipal Bond Market
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Kestrel has introduced a Resilience Taxonomy for U.S. Infrastructure, aimed at addressing climate risks in the $4.3 trillion municipal bond market. This framework establishes standardized best practices for assessing resilience, crucial as municipal bond issuance is expected to hit $600 billion by 2026. The taxonomy helps investors identify proactive issuers and integrates resilience strategies into long-term planning, enhancing asset valuations. Key features include material resilience indicators and a standardized data architecture to streamline bond evaluation against sustainability criteria. Kestrel emphasizes that resilience is vital for financial performance and market stability.
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