Structuring Sustainable Finance Transactions

The rapid rise of green bonds, sustainability-linked loans and other sustainable finance transactions has been one of the most surprising developments in corporate finance over the past 15 years. Sustainable finance is rapidly growing as an educational subject among top universities, business schools and law schools, separate from the only somewhat related “ESG” and sustainable investing trends. But sustainable finance transactions are prone to being misunderstood, sometimes the subject of controversy and structured largely behind closed doors. Mainstream news outlets, NGOs and political leaders routinely criticize this evolving market, with arguments ranging from greenwashing (not doing enough) to anti-ESG (doing too much). Making matters worse, there is a dearth of pragmatic, comprehensive and objective resources to help students and practitioners go beyond a superficial understanding. This book will be a first-of-its-kind resource unlocking the mysteries of structuring and executing sustainable finance transactions. This book addresses the entire spectrum of new and emerging transaction types, as well as the rarely articulated concepts explaining why these deals work the way they do.