What are the different types of sustainable loans?
An example of an AI chatbot conversation about types of sustainable loans.
What are the different types of sustainable loans?
Sustainable loans can be categorized into several types, including green loans, social loans, and sustainability-linked loans. Would you like to know more about each type?
Yes, please explain green loans.
Green loans are specifically designed to finance projects that have positive environmental impacts, such as renewable energy or energy efficiency improvements.
What about social loans?
Social loans focus on projects that aim to achieve positive social outcomes, like affordable housing or community development.
And what are sustainability-linked loans?
Sustainability-linked loans are tied to the borrower's sustainability performance, offering better terms if they meet specific environmental or social targets.
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