Americas > Compliance Markets & Taxes > California’s $10 bln climate bond has merits, risks in multi-year lock-in

California’s $10 bln climate bond has merits, risks in multi-year lock-in

Published 23:44 on February 13, 2025 / Last updated at 23:44 on February 13, 2025 / / Americas (Compliance Markets & Taxes, US & Canada)

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California’s fiscal and policy advisory body found merit in Governor Gavin Newsom’s (D) proposal for a $10 billion climate bond that shifts cap-and-trade derived funds, but cautioned about shortcomings of a multi-year approach to adjust to changing priorities.
California’s fiscal and policy advisory body found merit in Governor Gavin Newsom’s (D) proposal for a $10 billion climate bond that shifts cap-and-trade derived funds, but cautioned about shortcomings of a multi-year approach to adjust to changing priorities.


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