CRREM North America Project

What is CRREM?

The Carbon Risk Real Estate Monitor (CRREM) is a global initiative for establishing targets for operational carbon emissions for standing real estate investments consistent with the ambitions of the Paris agreement. CRREM released decarbonization pathways that translate the efforts of limiting global warming to 1.5°C by the end of the century into regionally- and property-type-specific trajectories. Investors use the CRREM tool to assess, price, and mitigate carbon performance and stranded asset risk in their real estate investments. Learn more about CRREM here.  

CRREM Global Resources

What is the CRREM North America Project?

Driven by ULI member requests, CRREM, ULI, and the Lawrence Berkeley National Lab (LBNL) partnered to create more granular curves for the US and Canada. The project team engaged hundreds of diverse real estate industry stakeholders to inform this process by hosting a virtual working group.The five virtual working group sessions were open to the public for the real estate industry to provide feedback on the project’s priorities, such as including additional data sources, to enable more granular curves for North America. See below for final project deliverables:

How can I get involved?

The working group sessions have concluded but you can email [email protected] to be added to our email updates.

Working Group Materials

Draft Deliverables 

The project team hosted a 45-day public comment period to collect stakeholder feedback on the draft deliverables. Find public comment submissions here. The Draft Methodology Memo, Draft Curves, and Draft Curve Inputs are posted below for reference (not official use).

Working Group Sessions

Project Team

Project Sponsors