An Energy Efficient Mortgage (EEM) aims at incentivising borrowers to improve the energy efficiency of their buildings and/or acquire highly energy efficient properties. The incentives for borrowers could be favourable mortgage financing conditions and/or an increased loan amount at origination to finance the energy efficiency improvement of the property and enhance its Energy Performance Certificate (EPC) level. Both aim to reflect the reduced credit risk of EEMs and drive action to improve the energy performance of Europe’s building stock. In this way, the Energy Efficient Mortgage Initiative (EEMI) will contribute positively to achieving the climate goals as set out under the COP 21 Paris Agreement and, more generally, reinforce financial stability, provide value for consumers/borrowers, foster cross-sectoral growth and stimulate market innovation at EU level.
This definition is intended to provide principles-based guidance that will evolve over time under the guidance of the EEM Label Committee which will ensure over-arching coordination at EU level via the national EEM hubs.
 EeDaPP (Energy efficiency Data Protocol and Portal) Initiative: http://eedapp.energyefficientmortgages.eu