imported>Doug Williamson |
imported>Doug Williamson |
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| (GLP). | | (IAS). |
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| The Green Loan Principles are a voluntary framework for green loans, issued by the Loan Market Association (LMA). | | The name formerly used for International Financial Reporting Standards (IFRS). |
| | Older individual international accounting standards still in issue are still referred to individually as IAS. |
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| | | The term IAS is also still sometimes used collectively to refer to IFRS and IAS currently in issue. |
| The wholesale green loan market aims to facilitate and support environmentally sustainable economic activity. | |
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| In this context, the GLP were developed by the LMA to promote the development and integrity of the green loan product.
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| The GLP are designed to create a high-level framework of market standards and guidelines, providing a consistent methodology for use across the green loan market, whilst allowing the loan product to retain its flexibility, and preserving the integrity of the green loan market while it develops.
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| The GLP build on and refer to the Green Bond Principles of the International Capital Market Association, with a view to promoting consistency across financial markets.
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| == See also == | | == See also == |
| * [[ESG investment]] | | * [[Accounting standards]] |
| * [[Green]] | | * [[IAS]] |
| * [[Green asset]]
| | * [[International Financial Reporting Standards]] |
| * [[Green bond]]
| | * [[Primary statements]] |
| * [[Green Bond Principles]] (GBP)
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| * [[Green finance]]
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| * [[Green loan]]
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| * [[International Capital Market Association]] (ICMA) | |
| * [[Loan Market Association]] (LMA) | |
| * [[Loan Syndications & Trading Association]] (LSTA)
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| * [[Social Loan Principles]] (SLP)
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| * [[Sustainability]]
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| * [[Sustainability-Linked Loan Principles]] (SLLP)
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| ==Other resources==
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| *[https://www.lma.eu.com/application/files/4716/7715/0338/Green_Loan_Principles_23_February_2023.pdf Green Loan Principles - February 2023]
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| *[https://www.lsta.org/content/guidance-on-green-loan-principles-glp/ Guidance on Green Loan Principles - LSTA - February 2023]
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| *[https://www.lma.eu.com/sustainable-lending/legal-regulatory-news?id=1968 Summary of changes to Green Loan Principles, Social Loan Principles and Guidance on them - LMA - March 2023]
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| *[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]
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| [[Category:Corporate_financial_management]] | | [[Category:Accounting,_tax_and_regulation]] |
| [[Category:Ethics_and_corporate_governance]]
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