MuniFin Green Finance and Liquidity Portfolio Evaluation
MuniFin
Copyright MuniFin
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Appendix 6
Social Evaluation Team approves projects
MuniFin's customer finance department screens projects, which it
believes to be aligned with eligible project definitions in the Social Bonds
Framework. For sports, culture and education projects internal evaluation
model is applied for screening.
The model analyses post code areas and municipalities across
socioeconomic factors to identify areas where investments would
have the greatest impact on the vitality of the area.
After initial screening, an interview with a client is conducted in order to
better understand the potential social impact of the project.
Questions include:
1. rationale of the investment
2. project description
3. indetifying which problems are being solved
4. desired social impacts
5. definition of target population
6. SDG's addressed.
Jouni Parkkonen, Päivi Petäjäniemi and Jenni Airaksinen
Social Evaluation Team reviews the project reports and makes the final
decision based on the overall impact. Projects need to promote some
of the wider social goals such as equality, communality, safety,
wellbeing and vitality of the area. Further, ability to narrow wellbeing
gaps is also discussed.
For loans/leases, which are up for pricing will receive margin discount.
Social Evaluation Team consists of two outside
experts and one MuniFin representative
Jenni Airaksinen
University of Tampere,
Lecturer, Regional leadership and development
Jouni Parkkonen
Association for Advocating Affordable Rental Housing -
KOVA, Executive Director
Päivi Petäjäniemi
MuniFin, Manager at customer finance with a focus on
social housing companiesView entire presentation