Climate Action Loans (CALs) are target based lending structures designed to incentivise LGFA members to reduce organisational greenhouse gas (GHG) emissions.
A CAL rewards a borrower through a margin discount if that borrower is measuring their organisational GHG emissions, has set science-aligned Emission Reduction Targets, and has adopted an Emission Reduction Plan.
CALs are available to all borrowers, including those who may not have eligible projects to access Green and Social Loans.
In order to be eligible to apply for a CAL, members must first be approved by LGFA to enter into CALs. The application process is detailed in the Climate Action Loans - Lending Programme Criteria document.
LGFA are happy to assist in answering any questions on the CAL criteria or process for applying for a CAL.
Criteria and Application Form
Past Versions of Lending Programme Criteria
Nick Howell – Head of Sustainability
Tel: + 64 21 227 3738
Email: nick.howell@lgfa.co.nz
Helen Mahoney – Senior Manager Sustainable Finance
Tel: + 64 21 220 2015
Email: helen.mahoney@lgfa.co.nz