BOMA International and Clinton Climate Initiative Sign Memorandum of Understanding.

Collaboration will offer solution-oriented programs to enhance energy performance across commercial properties and major cities

WASHINGTON -- The Building Owners and Managers Association (BOMA) International and the Clinton Climate Initiative (CCI) of the William J. Clinton Foundation (WJCF) announced today the signing of a Memorandum of Understanding (MOU) to define the collaborative relationship between CCI and BOMA to accomplish shared goals of improving energy efficiency and reducing greenhouse gas emissions in the world's large cities, as well as throughout major national and international real estate portfolios.

The partnership will include, but not be limited to, the following activities:

Large Portfolio Participation in CCI Building Retrofit Program: BOMA will collaborate with CCI to identify, introduce and encourage BOMA's leading and large portfolio members to participate in the CCI Building Retrofit Program.

Training and Capacity Building: BOMA will work with CCI to enhance and expand the BOMA Energy Efficiency Program (BEEP) to include information on the CCI Building Retrofit Program. Furthermore, BOMA will work with CCI to make the BEEP training available to all CCI Building Retrofit Program cities by the first quarter of 2008.

Identification of Best Practice Procurement Processes and Energy Services Agreements: BOMA and CCI and its partners will collaborate to identify best practices or standard models for energy performance contracting so as to reduce process and transactional time and cost that currently exist, as well as remove barriers to participation.

Policy Development: BOMA will work collaboratively with CCI and C40 partner cities to promote policies that stimulate the rapid implementation of building energy efficiency, distributed energy, and renewable energy production and help building owners and managers to achieve the shared goal of decreasing energy consumption.

"We are honored to collaborate with The Clinton Climate Initiative on these crucial sustainability and energy efficiency initiatives," said BOMA International Chairman and Chief Elected Officer Brenna S. Walraven, RPA, CPM, executive managing director, national property management, USAA Real Estate Company. "By aligning our respective programs - the BOMA Energy Efficiency Program and the CCI Building Retrofit Program - and the network of BOMA local associations with the C40 partner cities, we will expand our outreach to municipalities and commercial properties to markedly improve energy performance and reduce greenhouse gas emissions."

The Building Owners and Managers Association (BOMA) International is an international federation of more than 90 local associations and affiliated organizations. BOMA's 16,500-plus members own or manage more than 9 billion square feet of commercial properties in North America and throughout the world. The mission of BOMA International is to enhance the human, intellectual and physical assets of the commercial real estate industry through advocacy, education, research, standards and information. Founded in 1907, BOMA International celebrates 100 years of commercial real estate in 2007. Learn more at www.boma.org.

In August 2006, President Clinton launched the Clinton Climate Initiative, a project dedicated to making a difference in the fight against climate change in practical, measurable, and significant ways. In its first phase, CCI is serving as the exclusive implementing partner of the C40 Large Cities Climate Leadership Group, an association of large cities that have pledged to accelerate their efforts to reduce greenhouse gas emissions. CCI is assisting its partner cities to develop and implement large-scale programs that directly result in substantial greenhouse gas emissions reductions.

The C40 Large Cities Climate Leadership Group consists of the following cities: Addis Ababa, Athens, Bangkok, Beijing, Berlin, Bogota, Buenos Aires, Cairo, Caracas, Chicago, Delhi, Dhaka, Hanoi, Hong Kong, Houston, Istanbul, Jakarta, Johannesburg, Karachi, Lagos, Lima, London, Los Angeles, Madrid, Melbourne, Mexico City, Moscow, Mumbai, New York, Paris, Philadelphia, Rio de Janeiro, Rome, Sao Paulo, Seoul, Shanghai, Sydney, Toronto, Tokyo, and Warsaw.