Dan Winters , Evolution Partners reporting...
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Members from the Capital Markets Partnership, overwhelmingly cast affirmative votes in support of the the Green Building Underwriting Standards. These Standards were approved in four months which is record time and demonstrates the strong market need.
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In conjunction with this voting process, it was agreed that the following activities will be initiated – please let us know if you are interested in participating:
§ A Subcommittee will be set up to develop guidance on the use of the Green House Gas Protocol (GHGP) to track climate pollution reductions using the Underwriting Standard, and facilitate building owners monetizing these reductions through carbon or other credits including White Tags, with appropriate market trading institutions.
§ A Subcommittee will be set up on Equivalency Applications pursuant to Section 5.0 of the Standard, along with any normalization activities that the Subcommittee / Full Standards Committee decide to initiate for the purpose of incorporating other approved industry standards into the Green Building Underwriting Standards.
Further, we are working with two leading financial institutions on their adoption of the Underwriting Standards, and on using the Standards for new financial product creation including Sustainable Building Securities (SBS) that will be discussed at an October 8, 2008 meeting at TIAA-CREF in NYC. Please let us know of your interest in adopting them for your investment and/or other activities.
Dan Winters, Managing Principal
Evolution Partners
202.997.3922 - p
EvolutionPartners.com
This is a good idea bcoz today's world are fast growing. so standards
for a building is must.
Posted by: MACk | October 14, 2008 at 08:35 AM