ACHRNEWS

Dec. 10, 2007: Clinton Climate Initiative Yields New Energy Efficiency Pacts

December 10, 2007

CHICAGO - The Clinton Climate Initiative (CCI) announced that it has formed several new partnerships to improve the energy efficiency of buildings in Chicago, throughout the United States, and globally.

In Chicago, the CCI Energy Efficiency Building Retrofit Program will work with the city government to complete energy audits and energy efficiency upgrades on the Sears Tower and the Merchandise Mart, which is the world’s largest commercial building. The retrofit program, established in May, brings together eight of the world’s largest energy service companies, five of the world’s largest banks, and 17 of the world’s largest cities, including Chicago, in an effort to reduce energy consumption in existing buildings. CCI is also developing a targeted program for energy retrofits of privately owned, multi-tenant housing in Chicago. The program will employ energy performance contracts, in which an energy service company will pay the up-front cost of the energy efficiency improvements and will be repaid through a portion of the energy savings.

On a national scale, CCI and the U.S. Green Building Council will work with K-12 schools throughout the country to establish a Green Schools Program. And on an international scale, CCI will work with GE Real Estate to identify and implement building retrofit projects across the company’s global portfolio. GE Real Estate is a large commercial real estate company, with more than 385 million square feet of floor space in 31 countries.

For more information, visit www.clintonfoundation.org/cf-pgm-cci-home.htm.

Publication date: 12/10/2007