Green Bond Fact Sheet

This fact sheet details a USD 196 million green bond issuance by the Narragansett Bay Commission Wastewater System on March 19, 2020, intended for the advance refunding of outstanding Wastewater System Revenue Bonds.

• The Narragansett Bay Commission Wastewater System issued a green bond on March 19, 2020, with a total amount of USD 196 million and a maturity date of September 1, 2043.
• The proceeds from the bond issuance are designated for the advance refunding of existing Wastewater System Revenue Bonds, specifically targeting water and wastewater categories, including wastewater treatment.
• The Narragansett Bay Commission Wastewater System is a regional district commission focused on minimizing pollution discharges via a metropolitan wastewater collection and treatment facility, with operations funded by user charges.
• To address climate change, the commission hired an engineering firm to create a Resiliency Plan to identify actions needed to protect its wastewater treatment facility and collection system infrastructure.
• The Climate Bonds Initiative notes that this is the largest green municipal bond issuance to date from Rhode Island, a state that previously ranked 20th in overall amount issued with USD 182 million.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-03_US_Narragansett_Bay_Commission_Wastewater_System.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-03_US_Narragansett_Bay_Commission_Wastewater_System.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=19 March 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-03_US_Narragansett_Bay_Commission_Wastewater_System.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = mar, url = {https://www.climatebonds.net/files/drupal-files/files/2020-03_US_Narragansett_Bay_Commission_Wastewater_System.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }