Green Bond Fact Sheet

The County of Dupage issued a USD 51 million self-labelled green bond on July 30, 2020, to refinance bonds and swap agreement costs related to The Morton Arboretum. The bond falls under the Land Use & Agriculture (Afforestation/parks) category. While the Climate Bonds Initiative welcomes the investment in tree science, it recommends the implementation of external reviews and ongoing reporting, as the issuer currently intends to provide no further reporting after issuance.

• The County of Dupage issued a self-labelled green bond on July 30, 2020, totaling USD 51 million with a maturity date of May 15, 2047, and a coupon of 3%.
• The proceeds of the bond are allocated to the Land Use & Agriculture category, specifically for Afforestation/parks, to refinance lending to The Morton Arboretum, a 1,700-acre outdoor museum and leader in tree science.
• The net proceeds will specifically be used to pay termination costs for a swap agreement and to refund two bonds associated with The Morton Arboretum project.
• The Climate Bonds Initiative (CBI) recommends that the issuer adopt continuous reporting and external reviews, noting that the current plan is for no further reporting after the bonds are issued.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-07_US_The_County_of_Dupage.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-07_US_The_County_of_Dupage.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 July 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-07_US_The_County_of_Dupage.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 = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2020-07_US_The_County_of_Dupage.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }