Use-of-proceeds provision: Difference between revisions
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* [[Climate Transition Finance Handbook]] | * [[Climate Transition Finance Handbook]] | ||
* [[Combined approach]] | * [[Combined approach]] | ||
* [[ | *[[Environmental, social and governance]] (ESG) | ||
* [[Green bond]] | * [[Green bond]] | ||
* [[Green Bond Principles]] | * [[Green Bond Principles]] | ||
Latest revision as of 15:36, 3 August 2024
Capital markets - sustainability - loans.
A provision in a loan agreement relating to the use of the proceeds of the borrowing, especially in relation to green and sustainable projects.
- ESG factors influencing borrowing organisations of all sectors and sizes
- "Gustavo Brianza, MD of ESG Advisory at NatWest, explained that most banks are waking up to the opportunities: 'Many treasurers may feel they’re not looking to access finance on a scale that brings this up, but most banks are offering sustainable and green loans.
- So that might involve a use-of-proceeds provision, which includes green projects, and private placements can also be accessed, so I don’t see the size of the business or the deal as being a barrier to adopting a sustainable finance strategy.'”
- The Treasurer online - 13 June 2022.
See also
- Capital market
- Climate Transition Finance Handbook
- Combined approach
- Environmental, social and governance (ESG)
- Green bond
- Green Bond Principles
- Green loan
- Green Loan Principles
- International capital market
- Issuer
- Loan Market Association
- MD
- Paris Agreement
- Private placement
- Provision
- Sustainability
- Sustainability-linked
- Sustainable finance
- Sustainable finance framework
- Sustainable loan
- Use-of-proceeds
- Use of Proceeds instrument
