Sustainability-linked debt is a fast-growing asset class within the broader category of ESG-focused debt, with broad appeal to issuers that may not have appropriate projects to finance with traditional green bonds. The panel will discuss the development of this asset class, with the advent of sustainability-linked loans, and the emergence of sustainability-linked bonds; the challenges of sustainability-linked debt and the measures adopted to avoid “ESG-washing”; and specific features of sustainability-linked debt in the US, with a comparative view to Europe.  Presented by Yair Galil, Of Counsel, Gibson, Dunn & Crutcher LLP, Hillary H. Holmes, Partner & Co-Chair Capital Markets, Gibson, Dunn & Crutcher LLP and Ben Myers, Partner, Gibson, Dunn & Crutcher LLP