Green Bond Fact Sheet

This fact sheet from the Climate Bonds Initiative details a USD 149 million green bond issuance by the State of Michigan on August 16, 2018, intended to fund environmental and natural resource protection programs.

• The State of Michigan issued a USD 149 million bond on August 16, 2018, with the longest-dated tranche maturing on May 1, 2023. This issuance is noted as the first green bond from the State of Michigan.
• The proceeds from the bond are designated for environmental and natural resource protection, specifically targeting land remediation, water quality improvement, pollution prevention, lead contamination abatement, waterfront revitalization, state park infrastructure, and the remediation of contaminated sediments in water bodies.
• The bond is categorized under 'Water & wastewater', 'Waste management', and 'Land use & agriculture' (specifically 'Land remediation'). It was not certified under a specific certification standard and did not have a second party opinion or assurance report.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-08%20US%20State%20of%20Michigan.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-08%20US%20State%20of%20Michigan.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 August 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-08%20US%20State%20of%20Michigan.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 = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2018-08%20US%20State%20of%20Michigan.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }