Queensland Airports Limited (QAL) has confirmed a sustainability-linked loan as part of its financing for the Gold Coast Airport redevelopment

The loan for $100 million of the project funds is based on carbon accreditation through the Airports Council International and a reduction in carbon emissions.

QAL CFO Amelia Evans said the business was committed to strengthening its performance in the area of Environment, Social and Governance (ESG) – and obtaining sustainability-linked loans were another step towards that.

“ESG is an area QAL is increasingly focused on, and we have already delivered several sustainability projects across our airports in the past few years,” she said.

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