What do people really mean when they talk about impact investing? Typically they’re referring to investments made with the intention of generating measurable social or environmental benefits in addition to financial return.

As cities and states deal with increased risk of damage from extreme weather conditions, the financial impact of climate change is becoming more acute. That's why it's important for investors to understand the potential impact of global warming on the municipal bond market, both now and in the future.

Responsible Investing is a relatively new concept in the municipal bond market, but we believe it's well-suited to a market that finances entities and projects intended to serve the public good.