Property-linked finance, a market that in the US is currently worth about $18 billion, is being targeted for significant growth by groups looking to decarbonize commercial and residential real estate.
The Climate Bonds Initiative (CBI) and the Green Finance Institute (GFI) are launching the Global Property Linked Finance Initiative (GPLFI), they said on Tuesday.
The goal is to “scale property-linked finance into a globally recognized asset class capable of unlocking billions in private capital for net zero and climate-resilient buildings,” they said. That includes offering technical assistance and financial tools such as de-risking options to help the asset class take ...
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