The United Nations Environment Programme Finance Initiative (UNEP FI) and the Carbon Risk Real Estate Monitor initiative (CRREM) have published a project report and investor guide “Managing Transition Risk in Real Estate: Aligning to the Paris Climate Accord”. It presents the main outputs, results and lessons learned from applying the Task Force on Climate-related Financial Disclosures (TCFD) recommendations by real estate investors. The analysis focuses on transition risk of a group of Asian and American financial institutions to assess the 1.5°C Paris-alignment of real estate portfolios.
You want to read more? You may download the report here
Find out how CRREM can assist you in the transition of your properties!