Vehicle identifiers: the key to jump-starting the European Green Auto ABS market?
- This paper addresses the need for transparent sustainability disclosure in the European Auto Asset-Backed Securities (ABS) market, a crucial element in achieving the EU's climate goals. It proposes the use of existing vehicle identifiers, the Type Approval Number (TAN) and the Type-Variant-Version Code (TVV), to integrate loan-level data with sustainability-related vehicle information from ancillary sources. While acknowledging certain challenges, the combined use of TAN and TVV is the optimal solution to allow all stakeholders to comprehensively assess the environmental characteristics of securitised exposure pools in terms of data protection, matching accuracy, and cost-effectiveness.
| Author: | Angelina HackmannORCiD, Vincent LindnerGND, Loriana PelizzonORCiDGND, Max RiedelORCiDGND |
|---|---|
| URN: | urn:nbn:de:hebis:30:3-700067 |
| URL: | https://safe-frankfurt.de/policy-center/policy-publications/policy-publ-detailsview/publicationname/vehicle-identifiers-the-key-to-jump-starting-the-european-green-auto-abs-market.html |
| Series (Serial Number): | SAFE white paper series (100) |
| Publisher: | SAFE |
| Place of publication: | Frankfurt am Main |
| Document Type: | Working Paper |
| Language: | English |
| Year of Completion: | 2024 |
| Year of first Publication: | 2024 |
| Publishing Institution: | Universitätsbibliothek Johann Christian Senckenberg |
| Release Date: | 2024/03/21 |
| Tag: | Car Loans; Regulation; Securitisation; Sustainable Finance |
| Edition: | March 2024 |
| Page Number: | 15 |
| Note: | The project on which this report is based was funded by the Federal Ministry of Education and Research under the funding code 01LA2208A. We gratefully acknowledge financial support from the German Federal Ministry of Education and Research under the initiative “Klimaschutz und Finanzwirtschaft” of the “Forschung für Nachhaltigkeit” strategy, project “Green Auto Securitization” (GAS). |
| HeBIS-PPN: | 516908413 |
| Institutes: | Wirtschaftswissenschaften / Wirtschaftswissenschaften |
| Wissenschaftliche Zentren und koordinierte Programme / House of Finance (HoF) | |
| Wissenschaftliche Zentren und koordinierte Programme / Center for Financial Studies (CFS) | |
| Wissenschaftliche Zentren und koordinierte Programme / Sustainable Architecture for Finance in Europe (SAFE) | |
| Dewey Decimal Classification: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
| Sammlungen: | Universitätspublikationen |
| Licence (German): |  Deutsches Urheberrecht |
