Real Estate Project Finance V1 vs V2

Hello everybody,

We are currently working on defining our near-term targets and making a well-considered decision regarding whether we should submit our targets according to Version 1 (V1) or Version 2 (V2) of the “SBTI NEAR-TERM CRITERIA AND RECOMMENDATIONS FOR FINANCIAL INSTITUTIONS.” My message aims to clarify a key difference between these two versions.

In V2, financial institutions can include Real Estate Project Finance as an optional asset class, whereas it is not included in V1. Would it be possible to include Real Estate Project Finance while still submitting according to V1?

I am looking forward to hearing from you!

kind regards,
Tommy