Related insights and solutions
ICE Climate Data
Physical and transition climate data, scores and tools to help investors understand the risks and opportunities of climate change across asset classes.
The U.S. municipal bond market does not price in physical climate risk … Yet
As concern about climate risk disclosure grows, an analysis of ~800,000 U.S. municipal bonds representing over $2.5T in outstanding debt shows no evidence it is being systematically priced in. Yet event-based climate risk is correlated with discounts in both property value appreciation and population growth over the past decade -- the pillars of municipal market tax revenue and stability.
Climate risk and U.S. fixed income fundamentals
We used our data to look at how property values, population growth and mortgage delinquency correlated with higher climate risks.
Environmental Markets: why they’re needed and how they work
Companies are grappling with how to quantify their environmental impact as climate change becomes everyone’s business.
ICE Climate Data
Physical and transition climate data, scores and tools to help investors understand the risks and opportunities of climate change across asset classes.
The U.S. municipal bond market does not price in physical climate risk … Yet
As concern about climate risk disclosure grows, an analysis of ~800,000 U.S. municipal bonds representing over $2.5T in outstanding debt shows no evidence it is being systematically priced in. Yet event-based climate risk is correlated with discounts in both property value appreciation and population growth over the past decade -- the pillars of municipal market tax revenue and stability.
Climate risk and U.S. fixed income fundamentals
We used our data to look at how property values, population growth and mortgage delinquency correlated with higher climate risks.
Environmental Markets: why they’re needed and how they work
Companies are grappling with how to quantify their environmental impact as climate change becomes everyone’s business.