Sixteen Cities to Work with Clinton Foundation on Energy Conservation Program

On May 16, 2007, former President Bill Clinton announced the Energy Efficiency Building Retrofit program, a partnership between the Clinton Climate Initiative, four multinational energy service companies, five global banks, and 16 major cities around the world to significantly reduce energy use in municipal buildings. Under the program, participating cities will retrofit their municipal buildings with more efficient heating, cooling and lighting systems, reflective roofs, and other efficiency measures and products. These upgrades are expected to reduce these buildings’ energy use by between 20 and 50 percent. Energy audits and building retrofits will be undertaken by Honeywell, Johnson Controls, Inc., Siemans, and Trane. The five participating banks – ABN AMRO, Citi, Deutsche Bank, JPMorgan Chase, and UBS – have agreed to contribute $1 billion each to help finance the project, and cities will repay the bank loans with their energy cost savings. The 16 cities initially participating in the program include Bangkok, Berlin, Chicago, Houston, Johannesburg, Karachi, London, Melbourne, Mexico City, Mumbai, New York, Rome, Sao Paulo, Seoul, Tokyo, and Toronto.

Press Release
Read the Pew Center's report: "Towards a Climate-Friendly Built Environment"