EU emissions pricing ‘poses mortgage risk’
The European Union’s plan to decarbonise building stock by taxing fossil fuels is likely to lower borrowers’ disposable income and their ability to service loans, which may increase delinquencies. However, it will drive more green covered bond and RMBS issuance, said Moody’s.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: