A series of recent developments has driven a rapid increase in sustainability-linked loan and bond issuances in a variety of jurisdictions and industries.
Background: Sustainability-Linked vs. Activity-Based -
The market for sustainability-linked loans (SLLs) and bonds (SLBs) is developing rapidly. In contrast to green loans and bonds, SLLs and SLBs are performance-based - rather than an activity-based - sustainable finance instruments, meaning that...
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