Climate Change and Municipal Finance

To address the fact that economic shocks caused by climate change will reduce state and local tax collections and increase infrastructure costs—creating additional risks for municipal bond investors—state and local issuers should adopt new climate risk disclosure standards to ensure accurate risk assessment and bond pricing.



An International Climate Road Map for the Next President

As the Trump administration begins its official withdrawal from the Paris climate agreement, it is important to consider what climate policy actions a future president can take to get American global climate leadership back on track.