Kestrel Launches Blue Bond Methodology for the U.S. Municipal Bond Market

Kestrel has launched a new methodology for assessing Blue Bonds eligibility in the U.S. Municipal Bond Market, aimed at enhancing clarity and credibility in blue finance. This framework evaluates bonds financing water, coastal, and ocean-related projects, filling a gap in market-specific guidance. The methodology aligns with IFC Guidelines and ICMA practices, ensuring that Blue Bonds meet recognized green standards. Kestrel's ongoing review has identified numerous municipal bonds with Blue-eligible uses, supporting sustainable investments in sectors like wastewater and flood protection.