Investor Interest Rising in Customized Portfolios That Fund Climate Resilience Projects
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Niche market growing for investors targeting projects to mitigate climate change risks faced by states and municipalities
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Use of separately managed accounts (SMAs) increasing to allow customized portfolios focused on climate adaptation
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SMAs seeing rising demand to fund projects like clean drinking water and renewable energy
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Performance of "green bonds" and broader muni market roughly similar over past years
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Investors using enhanced data and partnerships to better assess climate risks of individual bond issuances