Galvanize Climate Solutions’ Post

🌍 Real estate lenders are missing an opportunity to make borrowers cut carbon emissions. According to Bisnow's latest article featuring JLL's Head of ESG Risk in EMEA Emily Chadwick, only a third of the world's largest lenders have set decarbonization targets for their property loan books. This is despite real estate accounting for 40% of global carbon emissions. How can lenders influence decarbonization activities of owners that they’re lending to? Read more: https://co.jll/4bdkc9u #esgrisk #jllvalueandriskadvisory #sustainability #climaterisk #realestate #cre #commerciallending

Did you know that buildings (both residential and commercial) account for a staggering 40% of global carbon emissions? Big Banks are cracking down on carbon emissions from oil, coal, and aviation but turning a blind eye to real estate's massive carbon footprint. Data reveals that the financial sector is comparatively overlooking real estate when setting decarbonization targets. Why do you think real estate is being overlooked in the race to net-zero? Should banks and lenders tie sustainability criteria to real estate financing? As conscious consumers and investors, what steps can homeowners and commercial property owners take to reduce their carbon footprint? https://lnkd.in/gyqu4s67 First Class Homes 425.269.7229

This article is a result of about five months' work of work with my colleagues Ciara Long and Mike Phillips. We collected data and explored how lenders are — or more so, aren't — setting decarbonization targets for their real estate loan books. Part one, which dives into why green loans are not widely used, is linked in this article. Stay tuned for part three soon! https://lnkd.in/gD2TkdFV

It was great to talk with Bisnow on the powerful role lenders have to encourage the decarbonisation agenda with building owners - it is a topic that cannot be addressed without cross-industry collaboration. JLL Value & Risk Advisory has the pleasure of engaging with lenders at different stages in their sustainability journey, on the topic of sustainability's impact on value and risk. I found Bisnow's interactive graphic showing which lenders have decarbonisation targets, plans and green loan frameworks very interesting. #ESG #decarbonisation #transitionrisk #riskadvisory #greenloans

🏦 ➡ 💶 ➡ 🏠 Leveraging finance to increase the renovation rate of self-owned real estate is essential for the transition to Net-Zero. At Norm we are building the technology that brings homeowners and banks together.

Our CEO and founder, Gian Reto à Porta, presented how Norm can support financial institutions in accelerating the transition to sustainable buildings. Watch the video to get insights how our scalable, data-driven solution enables green mortgages, green loans, and green bonds. He lays out how our scalable data driven solution enables green mortgages, green loans, and green bonds. With our digital process the home owners can provide data about their building through such as blueprints, photos and consumption data. This data is then verified and analysed by our experts and algorithms. As a result the home owners get an energy performance certificate and the bank all the data via API. If the energy efficiency of a building is good it can qualify for a green mortgage and can be used in a green bond. If the energy efficiency is bad, Norm provides retrofitting options including price estimations and subsidies. This is a opportunity for the financial institution to offer financing options to the client for these retrofitting costs. Thank you Building Bridges, Alfred Ledermann, Dr. Niklas Naehrig, Christoph Baumann and Kirsten Henson for the interesting panel discussion. Watch the video here: https://lnkd.in/eXsmx8Eg #GreenBonds #GreenLoans #GreenMortgages #SustainableFinance #EnergyTransition

Historically, a lower leverage environment presents investors opportunities to evaluate their portfolios and investment strategies; however, leverage is very constricted right now due to the cost of capital and the high #interestrate environment. Owners are using creative methods, such as C-PACE financing, to bring down the weighted average cost of capital to build or retrofit their buildings. Read this insightful article featuring JLL's Jillian Mariutti for more on this hot topic: https://co.jll/3tvd7R4 #cpacefinancing #CRE #investment

We've been supporting mortgage lenders across the industry with their climate transition plans. If you're wondering where to start or where you could improve, take a look at our best practice guide for pragmatic insight informed from advanced data and 100s of conversations #netzero #greenfinance #transitionplan #mortgagelender #climatechange

The market for #collateralizedmortgageobligations backed by agency residential #mortgagebackedsecurities is a major source of financing for U.S. homeownership. But what is this market’s total emissions footprint? We use the MSCI Total Portfolio Footprinting model to calculate #RMBS CMOs’ financed emissions. And do these financed emissions have interest-rate sensitivity? #MSCIResearch http://ms.spr.ly/6046g7wZC

In this interview Marco Angheben, Head of Business Development and Regulatory Affairs at European DataWarehouse, talks about creating a best-in-class data set for Europe’s housing stock. Many of Europe’s buildings are an environmental challenge. Buildings consume 40% of the European Union’s energy, and create 36% of its CO2 emissions, according to the European Commission. In order to stimulate more environmentally sustainable homes, mortgages and home improvement loans need to favour the renovation wave. Read the entire interview here https://bit.ly/3TnZLkG For more information or securing your ticket(s), visit the event website https://bit.ly/3ukcXwB Partners | Dutch Securitisation Association ABN AMRO Bank N.V. Moody's Investors Service ING European DataWarehouse Intertrust Group #capitalmarkets #finance #banking #securitisationregulation #sustainablesecuritisations #securitisation #ESG #DSA #Outvie #EBA #ECB #securitisationevent #investor #mortgage #housing