We are happy to announce that the Blockchain & Climate Institute (BCI), a progressive think tank providing leading expertise in emerging technologies deployment for climate and sustainability actions, has published two articles this summer about the CRREM tool. CRREM is mentioned as a robust framework for quantifying and managing transition risk in the real estate […]
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Timing the Transition – CRREM at the AEW’s “Climate Informed Real Estate Returns In Europe” Research Report
We are pleased to announce that AEW, one of the largest real estate investment managers in the world and CRREM GSIC member, focused on Transition Risk and CRREM in their June Research Report “Climate Informed Real Estate Returns In Europe”. The report provides initial estimates of the impact of climate change on European real estate […]
Continue readingCRREM at the Covenant of Mayors Investment Forum
We are happy to announce that the CRREM initiative was invited to present the Carbon Risk Real Estate Monitor at the “Covenant of Mayors Investment Forum: Energy efficiency finance market place” which took place on 15th and 16th of June 2021. Our colleague Sven Bienert participated at the event jointly organized by the European Commission’s […]
Continue readingMC-UBS uses the Carbon Risk Real Estate Monitor to assess its properties
We congratulate MC-UBS, asset manager for the Japan Metropolitan Fund Investment Corporation, on using the Carbon Risk Real Estate Monitor to simulate the Value at Risk (VaR) and greenhouse gas (GHG) emissions of its properties. “MCUBS (…) recognizes that climate change is an important environmental issue that significantly impacts our business activities. (…) It is […]
Continue readingIMF: Global carbon price floor would limit global warming
According to the International Monetary Fund, a carbon price of about 75 US-$ per ton in 2030 is necessary in order to reach the required emission reductions Therefore, the IMF urges the Group of 20 countries to establish a global carbon price floor to limit global warming to 1.5 / 2° C. Read more… Or […]
Continue readingDEKA recommends CRREM as a tool to assess and manage carbon performance of real estate
In their “Deka-Immobilienresearch Spezial: Klimaveränderungen und Immobilien“ (Editor’s note: Climate Change and Real Estate), DEKA states that besides extreme weather events, market participants need to focus on carbon emissions and pro-actively participate in the transformation of the building sector in terms of climate change. Therefore, DEKA recommends CRREM (Carbon Risk Real Estate Monitor) as best […]
Continue readingCarbon Prices apply to over a fifth of global GHG emissions according to a new World Bank study
According to the world bank’s “State and Trends of Carbon Pricing 2021” report, the total of 64 carbon pricing instruments applied around the world cover approx. 20 % of global GHG emissions resulting in a revenue of 53 Bn. US-$. However, the study also highlights that most carbon prices are still too low to limit […]
Continue readingEU Carbon Price hits record high
As per May the 4th, the EU carbon price exceeded 50 €/tonne, clearly highlighting the need for decarbonisation. Read more about carbon pricing and the record… or Find out how CRREM can help you to reduce your portfolios’ carbon emissions…
Continue readingGerman carbon tax targeting buildings
Since January the 1st 2021, Germany introduced also a carbon tax that will be relevant for buildings. Current regulatory plans indicate that landlords and tenants will cover the tax each by 50 %. A step up from the current 25 Euro per tonne is already part of the regulation. Find out more… or Start assessing […]
Continue readingCRREM initiative named as benchmark by Allianz Real Estate to help meet its carbon emissions and energy efficiency targets
Allianz Real Estate announces that their investments are analysed and reported against CRREM’s decarbonisation pathways. Allianz Real Estate is targeting a reduction in carbon emissions from its global portfolio of 25 per cent by 2025. The decrease is part of the firm’s wide-ranging and extensive global sustainability program initiated in 2019 and supports Allianz Real […]
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