Green loan: Difference between revisions
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imported>Doug Williamson (Create page. Source: LMA webpage https://www.lma.eu.com/application/files/8415/2162/5092/LMA_Green_Loan_Principles_Bookletpdf.pdf?utm_medium=email&utm_campaign=Press%20Release%20The%20LMA%20publishes%20Green%20Loan%20Principles&utm_content=Press%20Release) |
imported>Doug Williamson (Mend link.) |
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1. ''Green Loan Principles (GLP)''. | 1. ''Green Loan Principles (GLP)''. | ||
For the purposes of the GLP, a green loan is one which: | For the purposes of the GLP issued by the Loan Market Association, a green loan is one which: | ||
*Is used exlusively for a qualifying Green Project, for example renewable energy or pollution prevention and control; and | *Is used exlusively for a qualifying Green Project, for example renewable energy or pollution prevention and control; and | ||
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::- Management of proceeds; and | ::- Management of proceeds; and | ||
::- Reporting. | ::- Reporting. | ||
2. | 2. | ||
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* [[Green]] | * [[Green]] | ||
* [[Green bond]] | * [[Green bond]] | ||
* [[Green Loan Principles]] | * [[Green finance]] | ||
* [[Green Loan Principles]] (GLP) | |||
* [[Green project]] | * [[Green project]] | ||
* [[Loan Market Association]] | * [[Loan Market Association]] (LMA) | ||
* [[Sustainability]] | * [[Sustainability]] | ||
* [[Sustainability-Linked Loan Principles]] (SLLP) | |||
==External link== | |||
*[https://www.lma.eu.com/legal-regulatory/spotlight-guidance-glp-and-sllp?search_str=Green%20loan%20principles LMA Spotlight on Guidance to the GLP and SLLP] | |||
[[Category:Corporate_financial_management]] | |||
[ | [[Category:Ethics_and_corporate_governance]] | ||
Latest revision as of 11:30, 23 April 2023
1. Green Loan Principles (GLP).
For the purposes of the GLP issued by the Loan Market Association, a green loan is one which:
- Is used exlusively for a qualifying Green Project, for example renewable energy or pollution prevention and control; and
- Aligns with the GLP's principles for:
- - The issuer's process for project evaluation and selection;
- - Management of proceeds; and
- - Reporting.
2.
Other loans for the purposes of environmentally sustainable economic activity, not necessarily compliant with the GLP.
See also
- Green
- Green bond
- Green finance
- Green Loan Principles (GLP)
- Green project
- Loan Market Association (LMA)
- Sustainability
- Sustainability-Linked Loan Principles (SLLP)
