Climate Bonds. www.climatebonds.net. “A New Breed of Miami Bond is Financing Climate Change” 9/26/14 www.nextcity.org Projects funded by climate bonds typically align with internationally recognized guidelines such as the Climate Bond Standards. www.climatebonds.net/market/best-practice-guidelines States, cities and other special purpose authorities can issue these bonds, with proceeds being used exclusively to develop clean energy, transportation, water, and green building projects.