Understanding and applying either a use-of-proceeds or a performance-based structure is essential to originating an ESG fund finance facility. (Experienced counsel, we’ve heard, also helps.) In the second installment of its ESG fund finance primer, Private Equity Law Report explores the practical implementation of both approaches, with the help of Cadwalader’s Wes Misson and other market participants. Getting the performance objectives right and steering clear of greenwashing fall within the terrain covered.