CREATE

The projects and its objectives

The joint research project CREATE (abbreviated from: Climate Neutral Buildings and Sustainable Real Estate Finance) deals with climate-neutral buildings and sustainable real estate financing. In particular, the objective is to develop and optimise finance and insurance products that conform to the EU taxonomy so that they can precisely address the refurbishment backlog of real estate in Germany and thus develop the highest possible decarbonisation potential. This means making CO₂-intensive real estate climate-friendly.

Target group: Banks and insurers; in particular their product development, marketing and customer advisory divisions

Participation of the DGNB

The project will develop guidelines for the introduction and optimisation of financial products that take into account the needs of both providers and potential customers. To this end, the project will examine the availability and quality of data on the level of refurbishment of the German real estate stock, the needs and expectations of financial market players, and the incentives and barriers on the customer side for the use of sustainable financial products. The core task of the DGNB is to identify relevant data, in particular building data, and to check their quality and availability.

Duration and partners

The project has a duration of three years (from October 2022 to September 2025). In addition to the DGNB, the project partner are:

• Hochschule für Technik HFT Stuttgart (project coordination)
• Verein für Umweltmanagement und Nachhaltigkeit in Finanzinstituten e.V. (VFU)

CREATE is one of 14 collaborative research projects and one accompanying research project funded by the BMBF within the funding measure "Climate Protection and Finance" (KlimFi) as part of the strategy "Research for Sustainability - FONA".