First line of defence and Green finance: Difference between pages

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The first, second and third lines of defence are identified by the Bank of England in relation to establishing and defending fair and effective markets.
Green finance is finance raised for the purposes of environmentally sound projects.


These 'lines of defence' are the governance and controls to protect against risks in an organisation.


:<span style="color:#4B0082">'''''Green Finance Deal of the Year 2017 - Anglian Water'''''</span>


The first line of defence is risk mitigation and control within the business function that generates the risks, in particular through policies and procedures, training and line management oversight.
:"Anglian's inaugural green issuance stood out.


:"Anglian's team marketed an eight-year fixed-sterling bond and demonstrated that the proceeds would be used in line with Green Bond Principles, assured by independent opinion provider DNV GL."


:''The Treasurer magazine, February 2018, p23 - Deals of the Year.''


==See also==
 
*[[Second line of defence]]
Green finance is a key component of sustainable finance.
*[[Third line of defence]]
 
*[[Three Lines of Defence Model]]
 
*[[Risk mitigation]]
== See also ==
* [[Carbon-neutral]]
* [[ESG investment]]
* [[Green bond]]
* [[Green Bond Principles]]
* [[Green Finance Initiative]]
* [[Green Finance Study Group]]
* [[International Capital Market Association]]
* [[Issuance]]
* [[Loan Market Association]]
* [[Sustainable finance]]
 
[[Category:Financial_management]]
[[Category:Corporate_finance]]
[[Category:Ethics_and_corporate_governance]]

Revision as of 14:52, 9 September 2020

Green finance is finance raised for the purposes of environmentally sound projects.


Green Finance Deal of the Year 2017 - Anglian Water
"Anglian's inaugural green issuance stood out.
"Anglian's team marketed an eight-year fixed-sterling bond and demonstrated that the proceeds would be used in line with Green Bond Principles, assured by independent opinion provider DNV GL."
The Treasurer magazine, February 2018, p23 - Deals of the Year.


Green finance is a key component of sustainable finance.


See also