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Landmark Program to Reduce Energy Use in Buildings

President Bill Clinton today announced the creation of a global Energy Efficiency Building Retrofit Program, a project of the Clinton Foundation’s Clinton Climate Initiative (CCI), which will assist cities in reducing their greenhouse gas emissions. This program brings together four of the world’s largest energy service companies (ESCOs), five of the world’s largest banks and sixteen of the world’s largest cities in a coordinated effort to significantly reduce energy use in buildings.

Photo courtesy David Scull/Clinton Foundation
President Clinton, with Mayor Bloomberg and London Mayor Ken Livingstone, announce the Clinton Climate Initiative’s first project: a building retrofit program to facilitate the “greening” of existing buildings in cities around the world.

“Climate change is a global problem that requires local action,” said President Clinton. “The businesses, banks and cities partnering with my foundation are addressing the issue of global warming because it’s the right thing to do, but also because it’s good for their bottom line. They’re going to save money, make money, create jobs and have a tremendous collective impact on climate change all at once. I’m proud of them for showing leadership on the critical issue of climate change and I thank them for their commitment to this new initiative.”

Buildings are responsible for over 50 percent of greenhouse gas emissions in most cities and over 70 percent in mature cities, such as New York and London. This program will provide both cities and their private building owners with access to the necessary funds to make retrofits—energy saving improvements and installation of energy-efficient products— to their buildings, typically leading to energy savings between 20 to 50 percent.


An initial group of fifteen of the world’s largest cities has agreed to participate in the retrofit program, and offer their municipal buildings for the first round of energy retrofits: Bangkok, Berlin, Chicago, Houston, Johannesburg, Karachi, London, Melbourne, Mexico City, Mumbai, New York, Rome, Sao Paulo, Seoul, Tokyo, and Toronto. These participating cities have committed to work with the Foundation and its expert partners to develop programs to audit their buildings and to implement retrofits that improve their energy efficiency.

President Clinton made this announcement at the C40 Larges Cities Climate Summit being held in New York City this week, where mayors, climate officials and business leaders from 45 of the world’s largest cities are meeting to chart future action in the fight against global climate change.

  
   
   
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