As part of its plan to renovate Scioto Hall, the University of Cincinnati (UC) will become the first public university in the nation to issue Green Bonds when it brings $29 million in the bonds to market during the first week of December, reports Green Bonds, a new municipal bond market product, “are used to fund environmentally friendly projects,” according to the article. UC’s Green Bonds will fund part of the estimated $35 million residence hall renovation, which features 2,000 energy-efficient glass panels cladding the building, energy-efficient mechanical systems, “[a]n energy-recovery system designed to capture exhaust heat to improve heating,” and “LED lighting bulbs and fixtures.” In the article, UC president Santa Ono said, "We continue to expand our commitment to sustainability through our academic master plan and the university's Creating Our Third Century goals. Green bonds are a natural next step in our efforts to foster a deliberate and responsible approach to our environment." For more, read the full article.