Green Bond Fact Sheet
Summary
The Louisiana Local Government Environmental Facilities and Community Development Community issued a USD 11.9 million green bond on June 12, 2018, marking the first US Muni green bond from Louisiana. The funds are dedicated to coastal resilience, specifically financing granite rock barriers off the Cameron Parish Gulf Shoreline to combat erosion as identified in a 2017 Corps of Engineers master plan.
Key insights
- The Louisiana Local Government Environmental Facilities and Community Development Community issued a USD 11.9 million green bond on June 12, 2018, with a maturity date of November 1, 2037. This issuance is identified as the first US Muni green bond from Louisiana.
- The proceeds of the bond are allocated to adaptation and resilience, specifically to finance the installation of granite rock barriers 100-150 yards off the Cameron Parish Gulf Shoreline. This project aims to prevent coastal erosion based on a 2017 Parish-specific Coastal Erosion Master Plan by the Corps of Engineers, which determined that 1.5 to 2 miles of structural protection are required for critical coastal defence.
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Louisiana%20Local%20Government%20Environmental%20Facilities%20and%20Community%20Development%20Community.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Louisiana%20Local%20Government%20Environmental%20Facilities%20and%20Community%20Development%20Community.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=12 June 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Louisiana%20Local%20Government%20Environmental%20Facilities%20and%20Community%20Development%20Community.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2018-06%20US%20Louisiana%20Local%20Government%20Environmental%20Facilities%20and%20Community%20Development%20Community.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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