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The Science of Climate Change
Climate change is no longer a distant threat or just a possibility, it is now a reality for all of us. In this pathway, Kevin Trenberth, a renowned climatologist, delves into the science behind climate change. He first introduces the climate system, its main components and forces.
Tackling the Plastic Crisis
Plastic pollution is by far the biggest threat to our oceans and this remains an incredibly tough problem to solve. Plastic credits could potentially serve as one of the much needed solutions for this crisis.
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The Scale of the Net Zero Challenge
The price of meeting net zero is estimated to be between $100-150 trillion over the next 30 years. Regardless of this cost, we need to reach net zero before climate change does irreversible damage to the environment and the economy.
ESG, Sustainability and Impact Jargon Buster
ESG, sustainability, impact… they all just mean green, right? Not quite. Despite being used often interchangeably, there are distinct differences between these terms.
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Lewis Howard
The quality of the content is very high, the UI is super easy to use, and we can see how the content will be impactful at scale.
Nicola Stürmer
Our people have a strong growth mindset and access to this sort of material satisfies that curiosity and our need as a business to retain our talent through the provision of a quality learning experience.
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Ready to get started?
Categories
Discover our Courses
Featured Pathways
More pathways
The Science of Climate Change
Climate change is no longer a distant threat or just a possibility, it is now a reality for all of us. In this pathway, Kevin Trenberth, a renowned climatologist, delves into the science behind climate change. He first introduces the climate system, its main components and forces.
Tackling the Plastic Crisis
Plastic pollution is by far the biggest threat to our oceans and this remains an incredibly tough problem to solve. Plastic credits could potentially serve as one of the much needed solutions for this crisis.
More pathways
Ready to get started?
Plans & Membership
Find the right plan for you
Our Platform
Expert led content
+1,000 expert presented, on-demand video modules
Learning analytics
Keep track of learning progress with our comprehensive data
Interactive learning
Engage with our video hotspots and knowledge check-ins
Testing & certification
Gain CPD / CPE credits and professional certification
Managed learning
Build, scale and manage your organisation’s learning
Integrations
Connect Sustainability Unlocked to your current platform
Featured Content
More featured content
The Scale of the Net Zero Challenge
The price of meeting net zero is estimated to be between $100-150 trillion over the next 30 years. Regardless of this cost, we need to reach net zero before climate change does irreversible damage to the environment and the economy.
ESG, Sustainability and Impact Jargon Buster
ESG, sustainability, impact… they all just mean green, right? Not quite. Despite being used often interchangeably, there are distinct differences between these terms.
More featured content
Ready to get started?
Our Solutions
About Us
Testimonials
More testimonials
Lewis Howard
The quality of the content is very high, the UI is super easy to use, and we can see how the content will be impactful at scale.
Nicola Stürmer
Our people have a strong growth mindset and access to this sort of material satisfies that curiosity and our need as a business to retain our talent through the provision of a quality learning experience.
More testimonials
Ready to get started?
Project Finance Security and Limited Recourse
Lachlan Tait
15 years: Renewable energy & project finance lawyer
In this video, Lachlan will continue to explore the key elements involved in project finance and will explain why security is such a vital consideration for lenders. He will also take us through project revenues, which are used to service the project finance debt and pay contractors for work completed.
In this video, Lachlan will continue to explore the key elements involved in project finance and will explain why security is such a vital consideration for lenders. He will also take us through project revenues, which are used to service the project finance debt and pay contractors for work completed.
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Project Finance Security and Limited Recourse
6 mins 21 secs
This video highlights the security documents and direct agreements that enable project lenders to take control of projects, even if this may be a relatively rare, "last resort" scenario. These security measures, which are specific to project finance when compared to other types of finance, instil in lenders a sense of assurance that the relevant risks are manageable and that their level of residual exposure is acceptable.
Key learning objectives:
Outline the key elements involved in project finance
Understand why security is such a vital consideration for lenders
Define project revenue
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This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
What are the two categories of security?
- The first is a set of formalised legal security interests, such as mortgages, pledges and other security instruments over the project assets, which include the shares in the SPV, its bank accounts, project revenues, the physical assets, the contracts and so on.
- Second, these security interests are supported by direct contractual rights for the lenders to intervene in, and if necessary take over, all of the project contracts.
What are project revenues?
The fact that project finance is non-recourse means that the debt is serviced only from project revenues. This explains why lenders are so concerned with securing all elements of the project. If there is a problem with the project, the lenders can exercise their rights to take over the project and deal with it as they see fit. Project finance security structures provide a means to save a troubled project and its revenues. In renewable energy project financings, the split between debt and equity is generally between 60:40 and 80:20. This can of course be contrasted with corporate financing, where debt finance is provided to a company against the range of revenues it generates.
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This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
Lachlan Tait
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