CRREM 2.0: Industrializing Transition Risk Quantification for Real Estate

The Carbon Risk Real Estate Monitor (CRREM) is an EU-funded research consortium that aims to mitigate those risks and accelerate decarbonisation and the resilience of commercial real estate. At the current rate, the EU carbon budget, allocated to the sector until 2050 (i.e. 24 GtCO2e for a 2˚C scenario), is only expected to last until 2039, which underlines the importance of the project.