GARP SCR - Chapter 5 - Tushar Johri

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Across
  1. 2. Sustainalytics, CICERO, or the Climate Bonds Initiative provide ______ or "second opinion" that that vouch for their green credentials.
  2. 4. Tushar ____ is creator of this crossword (
  3. 5. Engagement is paired with the threat of ______, which is the ultimate penalty, if all engagement efforts are unsuccessful
  4. 6. In Canada, listed firms are required to report some ESG parameters around diversity, and all companies receiving extraordinary government sup-port in the COVID-19 pandemic are required, in return, to start TCFD reporting (TRUE/NOPE)
  5. 7. The EU Taxonomy Regulation applies to all economic activities, regardless of their size or sector (TRUE/NOPE)
  6. 12. The EU taxonomy is ______ to financial instruments or means of funding
  7. 14. The use of proceeds of a sustainability linked loan is tied to its use for either environmental or climate mitigation related projects (TRUE/NOPE)
  8. 16. _____ (two words without space) is a financial instrument that has been made for financing both environmental and climate-related projects.
  9. 18. For all the discussions of cross-border investments and financial flows, the CPI’s tallies show the large majority of financing comes from __________ sources
  10. 20. In the E.U., a directive on disclosure of non-financial infor-mation requires all large firms and firms of public interest to disclose ESG-related matters (TRUE/NOPE)
  11. 21. Third-party certification is mandatory for green bonds according to the ICMA Green Bond Principles (True/Nope)
  12. 22. fill in: "JOHRI") - this is a dummy clue which I have added to avoid unauthorized copying of this crossword.
  13. 23. _____ bonds simultaneously address both environmental and social objectives
  14. 25. In general, the largest single-actor group providing _______ financing, according to the CPI’s definition, are development banks—national, bilateral, and multilateral
Down
  1. 1. As per ICMA, All designated Green Projects, financed by Green bonds, should provide clear ____ benefits, which will be assessed and, where feasible, quantified by the issuer
  2. 3. Corporate ESG _______ are the top most source for gathering information on Corporate ESG Performance
  3. 8. An increasing amount of regulatory activity in relation to sustainable finance involves neither financial products or disclosures, but rather the underlying _______ activity being financed
  4. 9. The EU Taxonomy provides criteria for determining whether an economic activity makes a substantial contribution to one or more of the _______ objectives.
  5. 10. The country of ________ experienced the greatest growth in this period, with sustainable assets tripling every year on average
  6. 11. In 2007, the European Investment Bank issued a “climate awareness bond,” and in 2008, the World Bank used the term ______ (2 words without spaces) to describe the debt issuance.
  7. 13. There is also growing regulatory involvement in the area of coming up with harmonized definitions of the various sustainable financial instruments and investements. In _______ (No dash in between) jurisdictions tend to rely more on case law and evaluating situations as they come up.
  8. 15. Starting in 2022, UK has mandated all listed companies and limited liability partnerships to report on climate risk in line with TCFD recommendations (TRUE/NOPE)
  9. 17. As per Climate Initiative policy NGO, The vast majority of financing is related to climate change _______ with large portions flowing into renewable energy generation
  10. 19. The recognition by the Euro-pean Central Bank in November 2020 that ________ (abbreviated name of the instrument) is acceptable as a collateral has also helped grow that market.
  11. 22. Green loans have been highly concentrated in the_____sector
  12. 23. Spain’s Instituto de Crédito, which issued the first_____ bond in 2015 to finance small and medium enterprises in disadvantaged parts of Spain
  13. 24. Passively managed funds, by definition, follow an ______ and therefore cannot divest by their own choice