Use of Proceeds instrument
From ACT Wiki
Capital markets - sustainability - ICMA - Climate Transition Finance Handbook.
(UoP).
Under ICMA's Climate Transition Finance Handbook, a Use of Proceeds instrument is one aligned with either of:
- The Green and Social Bond Principles, or
- The Sustainability Bond Guidelines.
Use of Proceeds instruments are distinguished from General Corporate Purpose instruments.
See also
- Capital market
- Climate Transition Finance Handbook
- General Corporate Purpose instrument
- Green bond
- Green Bond Principles
- Green Loan Principles
- Instrument
- International capital market
- International Capital Market Association (ICMA)
- Issuer
- Loan Market Association
- Paris Agreement
- Social Bond Principles
- Sustainability
- Sustainability bond
- Sustainability Bond Guidelines
- Sustainability Linked Bond Principles
- Use-of-proceeds provision