Green loan

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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


External link