Featured in Going global – 09-2022

No ordinary lending

ESG investing is growing quickly, including the practice of sustainable lending. Sustainability-linked loans are a part of the green financial wave, and as it breaks, new efforts are codifying the shape that these financial instruments should take for lenders and borrowers alike, writes Climate First Bank CEO Ken LaRoe.

The idea of environmental, social and governance (ESG) didn’t even enter the common vernacular until around 2018. This new concept is already heavily under fire from some conservative or right-wing political actors.However, even with the definition being fluid, some banks are integrating ESG into financial instruments and credit policies. Financial institutions making ESG-linked loans evaluate …

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