The goal of the program is to reduce energy consumption in existing buildings.
The program's partners were:
The American Society of Engineers ASHRAE, the United States Green Building Council (USGBC).
With their direct participation, standards for the design of building engineering systems will be developed to successfully achieve this goal.
Clinton noted: ”Climate change is a global problem that requires a local solution.
The association of banks, business representatives and municipalities of large cities is aimed at solving the problem of global warming.
Today, this is extremely relevant and therefore everyone is interested in making the right decision.
The members of the association are going to save money and earn it, create new jobs and generally influence global climate change.
I am proud of these organizations that have shown their leadership on such a critical issue as climate change, and I want to thank them for their participation in this program.”
With 30 years of experience developing standards for new and existing buildings, ASHRAE is best suited to develop codes for large metropolitan areas that want to quickly and efficiently implement new technologies.
Most existing HVAC&R codes target new construction, which, according to statistics, in the United States, for example, accounts for only 2% of all buildings.
There is a need to impact the remaining 98% of buildings, and ASHRAE is already doing this work.
Its goal is to show building owners how they can reduce their buildings' energy consumption by an average of 30%. According to preliminary forecasts, the first results will be obtained at the end of 2008.
The following companies are also participating in the program: ”Honeywell”, ”Johnson Controls”, ”Siemens” and ”Trane”, which will be engaged in energy audits, development of a program for modernization of buildings and energy-saving technologies in reconstructed buildings.
The banks involved: ”Citibank”, ”UBS”, ”Deutsche Bank”, ”ABN AMRO” and ”JP Morgan” agreed to allocate 1 billion US dollars each to finance megacities and private owners of buildings, who will not have to invest personal funds in these modifications, but the world energy market will double.
The initiative group, including municipalities of 16 large cities of the world, proposed for the implementation of the energy saving program city buildings for the first modernization related to energy saving.
These will be the cities: New York, Chicago, Houston, Toronto, Mexico City, London, Berlin, Johannesburg, Delhi, Mumbai, Karachi, Tokyo, Seoul, Sao Paolo, Bangkok and Melbourne.