Difference between revisions of "Green Loan"

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Revision as of 16:21, 15 January 2020

Definition

A Green Loan is a category of Lending products that aims to ensure that the project being financed meets some criteria of Sustainable Finance

Project Scope

The Green Loan Principles initiative identifies the following categories as eligible to be classified as green projects

  • renewable energy - including production, transmission, appliances and products;
  • energy efficiency – such as in new and refurbished buildings, energy storage, district heating, smart grids, appliances and products;
  • pollution prevention and control – including reduction of air emissions, greenhouse gas control, soil remediation, waste prevention, waste

reduction, waste recycling and energy/emission-efficient waste to energy;

  • environmentally sustainable management of living natural resources and land use – including environmentally sustainable agriculture,

environmentally sustainable animal husbandry; climate smart farm inputs such as biological crop protection or drip-irrigation; environmentally sustainable fishery and aquaculture, environmentally sustainable forestry, including afforestation and reforestation, and preservation or restoration of natural landscapes;

  • terrestrial and aquatic biodiversity conservation - including the protection of coastal, marine and watershed environments;
  • clean transportation – such as electric, hybrid, public, rail, non-motorised, multi-modal transportation, infrastructure for clean energy vehicles and reduction of harmful emissions;
  • sustainable water and wastewater management – including sustainable infrastructure for clean and/or drinking water, wastewater

treatment, sustainable urban drainage systems and river training and other forms of flooding mitigation;

  • climate change adaptation – including information support systems, such as climate observation and early warning systems;
  • eco-efficient and/or circular economy adapted products, production technologies and processes – such as development and introduction

of environmentally sustainable products, with an eco-label or environmental certification, resource-efficient packaging and distribution; and

  • green buildings which meet regional, national or internationally recognised standards or certifications.

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