Analysis of 470,000 real estate valuations and 72,980 Italian mortgages show energy-efficient mortgages present less credit risk than normal mortgages, according to a report published by the European Covered Bond Council. The ECBC shows substantial inverse correlation between the buildings’ energy efficiency and the probability of mortgage default under it’s EeDaPP project.
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Sector: Finance
Country / Region: European Union, Italy
Tags: bonds, corporate reporting, energy, energy efficiency, risks, SMARTERIn 5 user collections: Green Home Investment Platform – Industry Regulators , Green Home Investment Platform – National Regulators , Green Home Investment Platform – Supranational Regulators , Green Home Investment Platform – Institutional Investors , Green Home Investment Platform – Banks
Knowledge Object: Web Resource
Publishing year: 2020
Author: Bill Thornhill