As a large part of the population lives in older buildings, and it is within this kind of housing where some of the biggest gains are expected to be made in reducing the global carbon footprint and providing new green mortgage collateral. An upcoming report by Venice University, Trinity College in Dublin and Goethe University Frankfurt is expected to provide a concrete data set demonstrating there is a correlation between energy performance and mortgage payment disruption risk. The European Commission will then consider the report which could prefigure into a lower risk weighting for energy efficient mortgage loans.
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Sector: Finance
Country / Region: Cyprus, European Union, Germany, Hungary, Ireland, Italy, Netherlands, Turkey
Tags: carbon, carbon footprint, corporate reporting, energy, risks, SMARTERIn 5 user collections: Green Home Investment Platform – Developers , Green Home Investment Platform – Industry Regulators , Green Home Investment Platform – National Regulators , Green Home Investment Platform – Supranational Regulators , Green Home Investment Platform – Banks
Knowledge Object: Web Resource
Publishing year: 2020
Author: Bill Thornhill