Global ESG assets could exceed 53 trillion US dollars by 2025.

到 2025 年時，全球的 ESG (環境、社會和企業治理) 總資產估計將能超過 53 兆美元。

This means that food producers and manufacturers have more opportunities to help feed a growing global population efficiently and sustainably.

這代表者食物的生產者與製造商能有更多機會，以有效率與永續的方式來幫助餵飽不斷成長中的全球人口數。

Sustainable financing is really booming within the F&A (food and agriculture) space.

永續金融在食品與農業領域中正在蓬勃發展。

Currently, we're almost at 20 percent of all loans issued within the space having a sustainability-linked element, showcasing it as a great tool to help support global food systems.

目前該領域有將近百分之 20 的貸款中包含了與永續發展有關的要素，顯示出這是個能幫助全球食物系統發展的良好工具。

But what products are available and how do they work?

但市面上有哪些這種金融產品，它們又是怎麼運作的呢？

There are two main types of sustainable financing: use of proceeds debt and sustainability-linked debt.

目前市面上的永續金融產品分為兩種類型：所得款項用途負債與永續關聯負債。

Use of proceeds debt financing varies.

所得款項用途負債的運作方式有許多類型。

Green bonds raise money for projects or assets that have a positive impact on the environment.

綠色債券能為對環境有積極影響的計畫或是資產募集資金。

Social bonds are like green bonds, except they're designed to fund causes that have a positive impact on society, such as access to education, food or healthcare.

社會債券與綠色債券相似，但它們主要的關注重點在為能對社會帶來積極影響的事業募集資金，例如教育、食物或醫療照護等。

Sustainability bonds combine the benefits of green and social bonds.

而永續債券則結合了綠色與社會債券兩者的優點。

Green or social loans are financed by banks and taken out by companies to fund a specific green or social project or asset.

銀行會為綠色或社會貸款發款出資，讓公司行號能夠把錢用在特定的綠色或是社會計畫或資產上。

Unlike green bonds and loans, sustainability-linked debt comes with no restrictions on how the proceeds can be used.

與綠色債券與貸款不同的是，永續關聯負債不會對款項的用途加以限制。

In sustainability-linked finance, borrowers commit themselves to predefined environmental or social key performance indicators, so-called KPIs.

在永續關聯金融產品中，借貸者會努力達到事先擬定好的環境或社會關鍵績效指標，也就是所謂的 KPI。

A great example of this is organic supermarket chain Ekoplaza, who committed to reducing and monitoring their food waste across all their stores.

有個名為 Ekoplaza 的連鎖有機超市便是很好的例子，他們藉此致力於減少並管控所有店內造成的食物浪費。

If they hit their KPIs, their annual interest rate will go down; if they miss their KPIs their annual interest rate will go up.

如果他們的 KPI 達標，貸款的年利率就會下降；如果他們沒有達標，年利率就會上升。

Currently, sustainability-linked bonds or loans represent a fraction of all sustainable financing debt in the market,

目前永續關聯債券或貸款僅佔市場中全部永續金融負債裡非常小的一部分。

but analysts predict issuance will jump from $10 billion in 2020, to as much as $60 billion in 2021.

但分析師預測貸款額很可能會從 2020 年的 100 億美元，到 2021 年躍升至 600 億美元。

Sustainable finance is clearly a burgeoning market.

永續金融顯示是個正在蓬勃發展的新興市場。

But investors will only buy into it if they're confident the money they lend will be used to better the planet and the people living on it.

但如果投資者們沒辦法確定自己借出的錢會被用在讓地球以及住在其上的人們變得更好的用途上，他們便不會買帳。

The industry uses several principles that set out best practices for each type of product.

整個產業用了數個原則來為每種類型的產品豎立最佳實踐方法。

For agricultural and food industries, these new financial models offer an opportunity to build a more sustainable business that is fit for future global demand.

對農業與食品產業來說，這些新的金融模式產品能成為將該產業打造得更加永續，符合我們未來需求的機會。