Clinton Climate Initiative to Demonstrate Model for Sustainable Urban Growth with Projects in 10 Countries on Six Continents

Climate Positive Development Program to Set Example for Cities to Follow as They
Grow
SEOUL, South Korea--(Business Wire)--
The Clinton Climate Initiative (CCI), a project of the William J. Clinton
Foundation, today announced a global program developed in collaboration with the
U.S. Green Building Council (USGBC), called the Climate Positive Development
Program. The program will support the development of large-scale urban projects
that demonstrate cities can grow in ways that are "climate positive." Climate
Positive real estate developments will strive to reduce the amount of on-site
CO2 emissions to below zero.

Sixteen founding projects on six continents, supported by local governments and
property developers, will demonstrate Climate Positive strategies, setting a
compelling environmental and economic example for cities to follow.

Last year, for the first time, half the world`s population (3.2 billion people)
lived in cities1, and that figure is expected to grow to 70 percent2 by 2050.
Cities also occupy just 2 percent of the world`s landmass, yet are responsible
for more than two-thirds of global energy use and greenhouse gas emissions.
Rapid urban growth and climate change are putting our world`s cities in a vise
grip of escalating infrastructure, energy, and health and human services costs
that will be magnified by the pressure of climatic adaptation. How cities change
and grow is therefore a critical component to tackling the climate crisis.

"As the Earth`s population increases and our cities grow, we need to ensure we
have the models in place to sustain our way of life in an increasingly urbanized
world," President Clinton said. "The Climate Positive Development Program will
set a new global standard for developments that will minimize environmental
impacts and benefit economies as we build and rebuild homes, schools, and
businesses. Today`s announcement builds off the work my Foundation and the C40
have done to initiate large-scale projects in more than 40 cities that are
already reducing greenhouse gas emissions and making a significant impact in the
fight against climate change."

To reduce the net greenhouse gas emissions of these projects to below zero,
property developers and local governments will agree to work in partnership on
specific areas of activity. This includes implementing economically viable
innovations in building, the generation of clean energy, waste management, water
management, transportation, and outdoor lighting systems.

When the initial 16 projects are completed, nearly one million people will live
and work in Climate Positive communities. These communities will be located in:
Melbourne, Australia; Palhoça, Brazil; Toronto, Canada; Victoria, Canada;
Ahmedabad, India; Jaipur, India; outside Panama City, Panama; Pretoria, South
Africa; Johannesburg, South Africa; Seoul, South Korea; Stockholm, Sweden;
London, UK; San Francisco, USA and Destiny Florida, USA.

By combining CCI's business and finance expertise with the technical knowledge
of the USGBC, the Climate Positive Development Program will support the planning
and implementation process for each real estate development and establish the
standards and metrics by which the sites can measure climate positive outcomes.

USGBC President, CEO, and Founding Chairman Rick Fedrizzi commented, "A program
that aims to set a new global benchmark has to be set on solid metrics. We know
this from our experience with LEED, and believe it`s fundamental to delivering
immediate and measureable results."

"We know that when it comes to combating the threat of climate change, cities
are acting in many ways," said Toronto Mayor David Miller, Chair of the C40
Group of large cities leading on climate change. "Climate Positive is yet
another way cities will be able to continue to lead this important fight. This
initiative is particularly important as the world becomes more urbanized and I
want to thank CCI for making it a reality."

"I am sure our effort to fight global warming will be a successful one if
initiatives like the Climate Positive Development Program continue to be widely
accepted around the world," said Oh Se-hoon, Mayor of Seoul.

About the Clinton Climate Initiative

The William J. Clinton Foundation launched the Clinton Climate Initiative (CCI)
to create and advance solutions to the core issues driving climate change.
Working with governments and businesses around the world to tailor local
solutions that are economically and environmentally sustainable, CCI focuses on
three strategic program areas: increasing energy efficiency in cities,
catalyzing the large-scale supply of clean energy, and working to measure and
value the carbon absorbed by forests. In each of these programs, CCI uses a
holistic approach to address the major sources of greenhouse gas emissions and
the people, policies, and practices that impact them. CCI serves as the action
arm of the C40, an association of large cities around the world that have
pledged to accelerate their efforts to reduce greenhouse gas emissions. To learn
more about the work of the Clinton Climate Initiative and the William J. Clinton
Foundation, please visit www.clintonfoundation.org.

About USGBC

The Washington, D.C.-based U.S. Green Building Council is committed to a
prosperous and sustainable future for our nation through cost-efficient and
energy-saving green buildings.

With a community comprising 78 local affiliates, more than 20,000 member
companies and organizations, and more than 100,000 LEED Accredited
Professionals, USGBC is the driving force of an industry that is projected to
soar to $60 billion by 2010. The USGBC leads an unlikely diverse constituency of
builders and environmentalists, corporations and nonprofit organizations,
elected officials and concerned citizens, and teachers and students. For more
information, please visit www.usgbc.org.

About the C40 and the C40 Summit

C40 is a group of the world`s largest cities committed to taking action on
climate change. In 2006, the Clinton Climate Initiative, a project of the
William J. Clinton Foundation, became the delivery partner of the C40.

On May 18, 2009, 70 leading cities around the world convened in Seoul for a
four-day Summit to discuss climate concerns under the theme of Cities`
Achievements and Challenges in the Fight against Climate Change. At the Summit,
major cities, which are one of the main sources of greenhouse gas emissions,
will explore issues such as climate change and the economic crisis; low-carbon
cities; sustainable city developments; and increasing `green` energy use. To
learn more about the C40 Summit, please visit www.c40seoulsummit.com.

PARTICIPATING PROJECTS

Name: Destiny Florida
Location: Destiny, Florida, USA

Name: Dockside Green
Location: Victoria, British Columbia, Canada

Name: Godrej Garden City
Location: Ahmedabad, Gujarat, India

Name: Elephant & Castle
Location: London Borough of Southwark, UK

Name: Albert Basin
Location: East London, UK

Name: Magok Urban Development Project
Location: Magok-dong Gayang-dong, Seoul, South Korea

Name: Mahindra World City Jaipur
Location: Jaipur, Rajasthan, India

Name: Menlyn Maine
Location: Pretoria, South Africa

Name: VicUrban @ Officer
Location: Melbourne, Victoria, Australia

Name: Panama Pacifico
Location: London & Regional Panama

Name: Zonk'izizwe Town Center
Location: Johannesburg, South Africa

Name: Victoria Harbour, Docklands, Melbourne
Location: Victoria Harbour, Docklands, Melbourne, Victoria, Australia

Name: Toronto Waterfront- Lower Don Lands
Location: Toronto, Ontario, Canada

Name: Treasure Island Redevelopment Project
Location: San Francisco, California, USA

Name: Stockholm Royal Seaport
Location: Stockholm, Sweden

Name: Pedra Branca Sustainable Urbanism
Location: Palhoça, Greater Florianópolis, Santa Catarina State, Brazil

1 World Urbanization Prospects: The 2007 Revision Population Database, United
Nations Department of Economic and Social Affairs

2 World Urbanization Prospects: The 2007 Revision Population Database, United
Nations Department of Economic and Social Affairs

CCI
Olivia Ross, 202-367-6342
oross@clintonfoundation.org
or
USGBC
Judith Webb, 404-307-5027
jwebb@usgbc.org

Copyright Business Wire 2009