ALBERT BASIN AND ELEPHANT & CASTLE SELECTED FOR NEWLY-LAUNCHED 'CLIMATE POSITIVE' DEVELOPMENT PROGRAMME

New Clinton Climate Initiative Programmme to demonstrate economic, environmental strategies for sustainable urban growth.

Two projects — Albert Basin, East London, and Elephant & Castle, London Borough of Southwark — were announced today as two of 16 founding projects of the Climate Positive Development Program, a Clinton Climate Initiative (CCI) program that 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.

The Climate Positive Development Program was launched by President Clinton, Founder of the William J. Clinton Foundation, on May 19, 2009, at the C40 Summit in Seoul, South Korea.  Along with the other founding projects, Albert Basin and Elephant & Castle will demonstrate Climate Positive strategies, setting a compelling environmental and economic example for cities to follow.

To reduce the net greenhouse gas emissions of their Climate Positive Development 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 buildings, the generation of clean energy, waste management, water management, and transportation and outdoor lighting systems.

For more information and Video, click here.

For media enquiries, please contact:

Mayor of London and Albert Basin, contact Hilary Merrett — 020 7983 4755 or email: environmentdesk@london.gov.uk

Elephant and Castle/Southwark Council, contact Susie Haywood — 020 7525 7665.

Lend Lease, contact Emma Joy — 020 7182 9233.

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