California Debt and Investment Advisory Commission


Municipal Green Bond Disclosure: Investor Guidance and Issuer Perspective

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September 19, 2023
10 AM - 11:30 AM

Slides | Webinar Replay

The requirement of public agency issuers to inform investors through reliable and thorough disclosure is central to a well-functioning municipal market. However, with the continued growth of labeled debt over the last decade – particularly green bonds – issuers may not be familiar with the specific investor expectations for green bond disclosure. In May 2023, the California Green Bond Market Development Committee released a paper, Recommended Approach to Municipal Green Bond Disclosure, to provide insight on investors’ expectations. This webinar will explore the recommendations contained in the paper and facilitate a discussion between investors that participated in the development of the report as well as issuers of green bonds.


Raul Amezcua, Senior Managing Director, Ramirez & Co. Inc.

Kevin Civale, Shareholder, Stradling Yocca Carlson & Rauth, P.C.

Ruth Ducret, Senior Analyst, Municipal Research, Breckinridge Capital Advisors

Robert Hannay, Treasury Manager, East Bay Municipal Utility District

Emily Robare, Vice President, Municipal ESG Lead, Pacific Investment Management Company LLC

Speaker Biographies Available Here

Recommended Resources

Recommended Approach to Municipal Green Bond Disclosure


Contact CDIAC for assistance by emailing or calling (916) 653-3269.