Sustainable Lending
Private finance has a critical role to play in catalysing the transition to a sustainable global economy. At the LMA, we are dedicated to promoting growth and innovation in sustainable lending practices, and supporting the syndicated loan market as new sustainable finance regulation emerges. Our ongoing initiatives include:
- documentation projects, including the release of model provisions for sustainability-linked loans, together with work on the preparation of an accompanying term sheet and a template mandate letter for sustainability coordinators;
- supporting the development of market practice, including the publication of updated versions of the Green, Social and Sustainability-Linked Loan Principles and accompanying guidance documents;
- responding to regulatory proposals in relation to sustainable finance; and
- attending and hosting various sustainable finance events.
Latest News
Legal/Regulatory News
22 December 2023European Sustainability Reporting Standards enter into force
15 December 2023EBA publishes report on green loans and mortgages
12 December 2023EU Platform on Sustainable Finance releases its draft Taxonomy-Aligning Benchmarks Report
07 December 2023European Council and Parliament provisionally agree a proposal to revise the Energy Performance of Buildings Directive.
04 December 2023European Parliament Economics and Monetary Affairs Committee votes to amend the ESG ratings regulation
04 December 2023Net-Zero Export Credit Agencies Alliance launched at COP28
01 December 2023The European Council adopts negotiating position on CSDDD
28 November 2023FCA publishes final SDR rules with a fourth sustainable fund label and anti-greenwashing rule.
Briefings
Transition Finance: Briefing Update
In this briefing, Baker McKenzie looks at the progress of transition finance and considers the European Commission's recent recommendations to both businesses and the financial sector to support its adoption.
Reorg H1 2023 European Sustainability-Linked Loans Wrap
In this briefing, Reorg provide a reflection on the H1 2023 European leveraged sustainability-linked loan market, highlighting changes in issuance levels and identifying a number of trends in their documentation.
Transition Finance: New Opportunities and Challenges for Financial Institutions
In this briefing, Baker McKenzie consider the growing emergence of Transition Finance products, highlighting how these alternative products can aid the transition of hard-to-abate sectors, the risks and opportunities surrounding these product, as well as the imperative that borrowers ensure they have a credible, net zero aligned, transition plan.