Mizuho Will Offer Real Estate Loans Tied to Decarbonization

Mizuho Financial Group Inc. will begin offering real estate loans which incentivize property owners to cut greenhouse gas emissions by lowering interest rates if they do so.

The company will begin offering the loans in April, according to internal documents obtained by Bloomberg. Naohiro Takahashi, a spokesman for the company, confirmed the information.

Sustainability-linked loans, which offer preferential interest rates for companies that achieve certain environmental and social goals, are expanding in Japan. Last year, 665 of such loans worth ¥711 billion ($4.7 billion) were made, according to government data.

Decarbonization of newly built real estate is progressing in office ...