The #inequality in the #bondmarket perpetuates a cycle of #debt and #disinvestment in #Black communities, but it also has huge implications for #environmentaljustice and #climateresilience. If local leaders can’t raise money to protect #water lines and prepare for #floods, their constituents will end up reliant on decaying and vulnerable #public infrastructure.
“#Race should certainly not affect the pricing of #municipalbonds,” Smull told Grist.
From: @MotherJones
https://press.coop/@MotherJones/110955415883626427
#inequality #BondMarket #Debt #disinvestment #black #environmentaljustice #climateresilience #water #floods #public #race #municipalbonds
California issued cash-flow notes routinely until 2014 to manage its lumpy revenue receipts. Tighter budget this year, but still no need for notes, as internal budget resources are 'historically high'. https://www.bondbuyer.com/news/no-california-rans-this-year-despite-income-tax-filing-extension #municipalbonds #muniland #statebudget
#municipalbonds #muniland #statebudget
DeSantis now moving on municipal bonds
"#Florida Governor Ron #DeSantis said he will propose legislation that would bar the state and its local governments from using environmental, social, governance criteria when issuing #MunicipalBonds, expanding his push against what he has called a “woke agenda.”
#ESG
https://fortune.com/2023/02/13/ron-desantis-esg-municipal-bonds-woke-agenda-florida/
#florida #desantis #municipalbonds #esg
Anti-ESG movement picks winners and losers in municipal green bond market
#GreenBond #municipal #cities #Finance #FinancialMarkets #ESG #environmental #Sustainability #sustainable #sustainabledevelopment #investors #investing #GreenEconomy #green #municipalities #municipalbonds #bonds #greenbonds
https://www.triplepundit.com/story/2023/municipal-green-bonds-esg/764771
#greenbond #Municipal #cities #finance #FinancialMarkets #ESG #environmental #sustainability #sustainable #sustainabledevelopment #investors #investing #greeneconomy #green #municipalities #municipalbonds #bonds #greenbonds
Anti-ESG movement picks winners and losers in municipal green bond market
#GreenBond #municipal #cities #Finance #FinancialMarkets #ESG #environmental #Sustainability #sustainable #sustainabledevelopment #investors #investing #GreenEconomy #green #municipalities #municipalbonds #bonds #greenbonds
https://www.triplepundit.com/story/2023/municipal-green-bonds-esg/764771
#GreenBond #municipal #cities #finance #financialmarkets #esg #environmental #sustainability #sustainable #sustainabledevelopment #investors #investing #Greeneconomy #green #municipalities #municipalbonds #Bonds #GreenBonds
Anti-ESG movement picks winners and losers in municipal green bond market
#GreenBond #municipal #cities #Finance #FinancialMarkets #ESG #environmental #Sustainability #sustainable #sustainabledevelopment #investors #investing #GreenEconomy #green #municipalities #municipalbonds #bonds #greenbonds
https://www.triplepundit.com/story/2023/municipal-green-bonds-esg/764771
#GreenBonds #bonds #municipalbonds #municipalities #green #greeneconomy #investing #investors #sustainabledevelopment #sustainable #sustainability #environmental #ESG #financialmarkets #finance #cities #Municipal #GreenBond
One word comes to mind when I think back on my interactions and interviews with Tim Schaefer over the years.
Gracious.
Tim, of course, was also always thorough, detailed, patient and knowledgeable, but 'gracious' is the word that says it best. I had the sad duty of editing his obituary today, which confirmed, unsurprisingly, that that was the way he carried himself throughout his long career. RIP.
🔗
https://www.bondbuyer.com/news/tim-schaefer-dies-made-huge-impact-on-california-public-finance #municipalbonds #muniland
Since I've abandoned the bird-site, I'll give this a try here for my vast legion of followers . . . Ballard Spahr LLP publishes a white paper on the path ahead for municipal issuers & other market participants under the Financial Data Transparency Act mandating structured data for the municipal market - read it here: https://bit.ly/3jST1vB
#municipalbonds #structureddata #xbrl #fdta #sec #msrb #financialservices
#financialservices #msrb #sec #fdta #XBRL #structureddata #municipalbonds
My #introduction to the group. I’m a finance and economics professor at #Brandeis. My research focuses on #finance and #publiceconomics, and #municipalbonds have been an area of particular recent focus.
When not professoring I am into #running, #rowing, #indoorrowing, and #music. I work with Ina Ganguli and Sandra Goff to organize the #ECON5k. Am originally from #Texas but live in #Massachusetts with my family, dog, and three pet #goats.
#introduction #Brandeis #finance #publiceconomics #municipalbonds #Running #rowing #indoorrowing #music #econ5k #texas #massachusetts #goats