Opendata, web and dolomites


Carbon Risk Real Estate Monitor - Framework for science based decarbonisation pathways, toolkit to identify stranded assets and push sustainable investments

Total Cost €


EC-Contrib. €






Project "CRREM" data sheet

The following table provides information about the project.


Organization address
city: WORGL
postcode: 6300
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Austria [AT]
 Project website
 Total cost 1˙487˙902 €
 EC max contribution 1˙487˙902 € (100%)
 Programme 1. H2020-EU.3.3.7. (Market uptake of energy innovation - building on Intelligent Energy Europe)
2. H2020-EU.3.3.1. (Reducing energy consumption and carbon foorpint by smart and sustainable use)
 Code Call H2020-EE-2017-CSA-PPI
 Funding Scheme CSA
 Starting year 2018
 Duration (year-month-day) from 2018-02-01   to  2021-01-31


Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
2    GRESB BV NL (AMSTERDAM) participant 314˙062.00
3    UNIVERSITY OF ULSTER UK (COLERAINE) participant 223˙125.00
4    UNIVERSIDAD DE ALICANTE ES (ALICANTE) participant 113˙750.00
5    TiasNimbas Business School B.V. NL (Tilburg) participant 106˙585.00
6    STURGIS CARBON PROFILING LLP UK (LONDON) participant 53˙603.00


 Project objective

The overall objective of the Carbon Risk Real Estate Monitor Project (CRREM) is to accelerate the decarbonization and climate change resilience of the EU real estate sector by providing appropriate science-based carbon reduction pathways at property, portfolio and company level. Furthermore a framework for financial risk assessment to cost-effectively manage carbon mitigation strategies will be delivered. CRREM aims to integrate carbon efficiency and retrofit requirements into investment decisions by evaluating and clearly communicating the downside financial risks associated with a low energy performance and quantifying the financial implications of stricter regulatory environment regarding carbon intensity on the building stock (so-called risk of stranded-assets).

The poor energy efficiency of existing buildings and the still low refurbishment rates in virtually all member states are among the major risks for the sector, as many assets will become „stranded“ properties that will not meet future energy efficiency standards or whose required energetic retrofit will not be financially viable. CRREM will produce clear Science Based Targets for the sector, a tool/framework to assess risk and qualitative reporting templates, which will contribute to accelerate the decarbonisation of the EU building stock to „2-degree-readiness“.

CRREM will apply a sectoral decarbonization approach to downscale EU’s carbon reduction commitments (INDCs) to the Paris Agreement to sector and building level. The project will also provide investors with reliable risk assessment tools to promote more awareness for the need of climate risk management on corporate level. The project will also support the assessment of the financial, regulatory and administrative barriers for investment and how to overcome them. CRREM aims to reduce carbon emissions and increase investment in sustainable retrofits by making real estate decarbonisation targets more transparent and accessible across Europe.


year authors and title journal last update
List of publications.
2019 Piek, Josien
GRESB: ESG-Transparenz bei Real Assets
published pages: 62-67, ISSN: 2509-4777, DOI:
Absolut|impact – Nachhaltige Perspektiven für institutionelle Investoren No. 2 (2019) 2019-10-03
2019 Jens Hirsch
Dekarbonisierung von Gewerbeimmobilien
published pages: , ISSN: 2509-4777, DOI:
Absolut|impact – Nachhaltige Perspektiven für institutionelle Investoren No. 2 / 2019 2019-10-03

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "CRREM" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email ( and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "CRREM" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.3.3.7.;H2020-EU.3.3.1.)

F-PI (2019)

Financing Energy Efficiency using Private Investments

Read More  

EEW4 (2019)

Energy Efficiency Watch 4

Read More  


INNOVativing the uptake of Energy Auditing Schemes for SMEs

Read More