Green buildings generate lower operational and upgrade costs and a higher willingness to pay among tenants and investors. This can therefore result in a higher value than a corresponding building without the same credentials. By investing in green buildings, operators in the industry will also contribute to the green shift. Green buildings are more attractive to finance for the banks and provide grounds for green loans.
Green loans must contribute to sustainable development and can be given to projects and investments in buildings with specific green credentials that satisfy DNB’s applicable criteria. A green loan offers better terms than a corresponding loan that is not green.
Our ambition is to contribute a total of NOK 130 billion in green property financing by 2025. This is how we can support the green transformation of the industry.
Green building loans (rehabilitation loans) can also be given based on a minimum of 30% energy improvement in existing buildings. In order to be able to offer a green loan linked to a fully renovated project, the building must meet the above criteria related to certification and energy class.
A green loan can be given to buildings that have achieved, or are planning to achieve, sustainable qualities related to the operation of buildings or buildings during construction. Green loans are also provided for building measures and improvements. The criteria for green buildings are given based on the age of the building.
Green loans can also be granted for building refurbishment based on a minimum 30% energy improvement (the investment qualifies for a green loan). To offer a green loan linked to a completed refurbishment project, the building must meet the above criteria for a green building.
Green loans are also granted for individual measures, such as solar panels, additional insulation, window replacement and electric vehicle charging points. For a full overview, please see the green financing framework.
Read more about DNB's framework (PDF)Open the file in a new tab
Certification and energy labelling are central to our assessment, and documentation of this is crucial in order to get green financing. If you have ambitions about a green project or building, get in touch with your adviser at the bank for an evaluation of the possibilities of green financing. If you don’t have a fixed contact person you can get in touch via the link below, and we’ll assist you further.
BREEAM-NOR is Norway’s foremost environmental certification system for buildings and is managed by Grønn Byggallianse (Norwegian Green Building Council). A BREEAM-NOR certificate documents quality.
For more information about the Nordic Swan Ecolabel, as a building contractor you can contact Stiftelsen Miljømerking (Ecolabelling Norway) which manages the Nordic Swan Ecolabel in Norway.