ONTOLOGY EXPLORER
green project use of proceeds provision
<https://spec.edmcouncil.org/fibo/ontology/LOAN/LoansSpecific/GreenLoans/GreenProjectUseOfProceedsProvision>
プロパティと値
| プロパティ | 値 |
|---|---|
| source | "Loan Market Association (LMA) Green Loan Principles, available at https://www.icmagroup.org/assets/documents/Regulatory/Green-Bonds/LMA_Green_Loan_Principles_Booklet-220318.pdf." |
| type | Class |
| label | "green project use of proceeds provision" |
| subClassOf | UseOfProceedsProvision |
| subClassOf | _:c14n1930 |
| definition | "use of proceeds provision specifying that funds obtained through financing, such as through a credit agreement, offering, warrant, or other instrument are intended to be used for Green Projects (including other related and supporting expenditures, including research and development)" |
| explanatoryNote | "All designated Green Projects should provide clear environmental benefits, which will be assessed, and where feasible, quantified, measured and reported by the borrower, per requirements outlined in the LMA Green Loan Principles (GLP). Where funds are to be used, in whole or part, for refinancing, it is recommended that borrowers provide an estimate of the share of financing versus refinancing. Where appropriate, they should also clarify which investments or project portfolios may be refinanced, and, to the extent relevant, the expected look-back period for refinanced Green Projects. A green loan may take the form of one or more tranches of a loan facility. In such cases, the green tranche(s) must be clearly designated, with proceeds of the green tranche(s) credited to a separate account or tracked by the borrower in an appropriate manner. \n\t\t\n\t\tThe GLP explicitly recognise several broad categories of eligibility for Green Projects with the objective of addressing key areas of environmental concern such as climate change, natural resources depletion, loss of biodiversity, and air, water and soil pollution. This non-exhaustive list, set out in Appendix 1, is intended to capture the most usual types of projects supported, and expected to be supported, by the green loan market. However, it is recognised that definitions of green and green projects may vary depending on sector and geography" |