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.
The consultation is part of the EBA’s efforts to support the European Union’s environmental objectives and ensure the consistency of the green lending market. EBA aims to collect quantitative and qualitative information to advise the European Commission to contribute to the Commission’s Strategy for financing transition to a sustainable economy and is especially interested in:
+ An overview of existing market practices.
+ A green loan definition based on the EU Taxonomy.
+ Measures to encourage and facilitate the uptake of green loans while ensuring the protection of retail borrowers.
+ Green loan origination process.
