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 (Note source of Green Loan Principles.) |
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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 | ||
Revision as of 10:52, 4 August 2018
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
