The NSW Government today announced that Sydney's new city waterfront Barangaroo precinct will be a world leading ecological development under the Clinton Climate Initiative’s Climate Positive Development Program.
Planning Minister Kristina Keneally today signed an agreement with Chairman of the Clinton Climate Initiative, Ira Magaziner.
"Sydney's new city waterfront precinct will join just 16 other developments around the world which are working with the Clinton Climate Initiative to be climate positive," Ms Keneally said.
"Barangaroo will be one of the first CBD districts in the world to be carbon neutral, water positive and generate zero waste.
"Today's inclusion of Barangaroo in the Climate Positive Development Program demonstrates the NSW Government's continued commitment to fighting climate change."
Ms Keneally said Barangaroo will have a positive ecological and social footprint, by:
- Being water positive, producing more water than it uses
- Being carbon neutral, generating more renewable energy than it uses; and
- Generating zero waste, with potential to clean up more waste than it generates.
The announcement builds on Premier Nathan Rees' July 2009 signing of a Memorandum of Understanding (MOU) with the Clinton Climate Initiative.
"That partnership will address climate change, focusing on ways to accelerate deployment of low emission technologies in government-owned buildings," Ms Keneally said.
"That same partnership will also see the NSW Government and the Clinton Climate Initiative working together to identify opportunities for commercial-scale solar projects."
Chairman of the Clinton Climate Initiative, Ira Magaziner, welcomed the news.
"I congratulate Barangaroo on its vision and approach in creating a property development that will minimise its environmental impact," Mr Magaziner said.
"By participating in the Climate Positive Program, Barangaroo will help to set new standards in urban development and hopefully inspire other developments across Sydney and the world to follow."
Launched in May 2009 by the Clinton Climate Initiative, a program of the William J. Clinton Foundation, in partnership with the U.S. Green Building Council, "Climate Positive" supports the development of large-scale urban projects striving to reduce the amount of on-site CO2 emissions to below zero.
For more information on Barangaroo visit www.barangaroo.com and for more information on the Clinton Climate Initiative visit www.clintonfoundation.org.