Funding and Green Projects Evaluation
MuniFin
Copyright MuniFin
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Appendix 9
The Green Evaluation
Team approves projects
The Green Evaluation Team consists of three
independent experts
MuniFin's customer solutions division screens projects, which
it believes to be aligned with eligible project categories in the
Green Bonds Framework.
Vesa Peltola
Energy Adviser
Association of Finnish Local and Regional
Authorities
MuniFin's green finance application form includes the
following sections:
1. project description
2. estimated environmental benefits
3. project documents (e.g. project plan, energy certificate,
environmental impact assessment, carbon footprint
assessment)
The Green Evaluation Team reviews application materials.
Each loan and lease application will be analysed
independently by the green evaluation team and will only be
approved if the long-term net environmental impact is positive.
MuniFin gives a margin discount of 0-10 basis points to
approved green finance projects. The discount is based on the
project's estimated environmental benefits, which are
assessed and scored on a scale of 0 to 10 points by the Green
Evaluation Team. Dark green projects are granted 7-–10
points, medium green 4-6 points, and light green 1-3 points.
Jyri Seppälä
Professor, Director
Centre for Sustainable Consumption and
Production, Finnish Environment Institute
(SYKE)
Päivi Sieppi
Environmental Advisory Manager
City of LahtiView entire presentation