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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.

ISSUE BRIEF

White Elephant Watch: Vol. 6

The High Desert Corridor would promote low-density land use and single-occupant vehicle trips, running counter to the state’s climate and sustainable communities goals.

ISSUE BRIEF

White Elephant Watch: Vol. 5

Interstate 11 would lead to more low-density, auto-dependent development, produce significant environmental harms, and fail to address metropolitan area congestion in Phoenix and Tucson.

ISSUE BRIEF