Renovation revolution spurs green covereds

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: European Union

Tags: , , , , ,

Knowledge Object: Web Resource

Publishing year: 2020

Author: Bill Thornhill