TFI - Responsible Investing In A Traditional Asset Class
By Nicholas Bucklin, CFA, Vice President, Portfolio Manager, Franklin Templeton Fixed Income; Daniel Workman, CFA, Vice President, Portfolio Manager Franklin Templeton Fixed Income
In the municipal bond market, the issuance of green bonds has provided an attractive solution for investors interested in socially responsible investments while also receiving the tax-exempt income benefit municipal bonds offer. Franklin Templeton's Municipal Bond team provides an overview of green bonds, including potential benefits and risk considerations.
In November 2008, the World Bank issued the first-ever bond that carried the label "green."1 This marked the inception of the global