Thank you to our guest speakers Sarah Stafford, Wells Fargo and Pat McGinley, IPUT for joining ALG's Michelle Daly and Ross Moore on our green financing panel at the FS Leaders Summit last week. Read some of the top insights from all the FS leaders who participated in the conference.
During ALG's session, Michelle Daly spoke about green loans, saying:
“The proceeds of a green loan are ring-fenced, and they’re applied to specific green projects. From a borrower perspective, the ongoing compliance and reporting obligations stem from that focus. The challenge that the market is seeing at the moment is trying to strike a balance between requiring a level of compliance and reporting, which ensures transparency and visibility, but also does not act as a barrier to entry for a borrower that would like to avail of a green loan.”