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The purpose of a voluntary green loan label is to facilitate the transition to a more sustainable economy. To this end, the sustainable finance framework should consider the incorporation of such a green loan label in existing or future financial support schemes in the EU.
15 gru 2023 · the labelling framework for green loans provide the necessary information and transparency for prospective borrowers. These include information on the long-term benefits of investing in energy-efficient solutions, documentation requirements and availability of financial support schemes.
propose specific features for a voluntary EU definition of green loans based on the Taxonomy and its disclosure requirements; identify and assess potential legislative and non-legislative measures to encourage and facilitate the uptake of green loans by retail borrowers based on the Taxonomy and
EBA’s roadmap on sustainable finance. Overall objective is to build an adequate framework for EU banks and their supervisors to mitigate ESG risks and support an orderly transition to a sustainable economy. ensuring a thorough but proportionate application. fostering resilience of the EU banking sector and broader economy.
In its response the EBA proposes the introduction of a voluntary EU label for green loans based on a common EU definition and the integration of the concept of green mortgage and its key sustainability features in the Mortgage Credit Directive.
13 lut 2023 · The purpose of this survey is to collect both quantitative and qualitative information that EBA can use to advise EC on the definition and possible supporting tools for green loans and mortgages to retail and small and medium enterprise (SME) borrowers.
On 13 February 2023, the European Banking Authority (EBA) launched an industry survey to receive input from credit institutions on their green loans and mortgages as well as market practices related to these loans.