BID Partners With ULI on Advisory Panel on DC Sustainability Goals

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The DowntownDC Business Improvement District (BID) is partnering this month with the Urban Land Institute (ULI) to host a panel on the implications of the District’s sustainability goals under the recently enacted Clean Energy Act.

The ULI Advisory panel, “Addressing DC’s Climate Change Legislation and Regulation While Enhancing Value Through Real Estate Investment in Sustainability and Resilience,” will study the implications of the sustainability requirements of the District’s recently enacted Clean Energy Act and the city’s aggressive sustainability goals. The panel will analyze the city’s approach to climate change, the current capability of technology to meet the city’s goals and the impact of any new costs incurred to meet such goals on the city’s competitive position in the DMV region.

The panel and related activities will be held July 21-July 26, culminating in a 9am presentation on July 26 of their findings. That presentation will take place at CoStar (1331 L Street NW). Interested attendees must register in advance. Please contact Essence Smith at essence@downtowndc.org to register.

This fall, the panel will release a written report of their findings.

The city’s new sustainability goals include:

  1. Reducing greenhouse emissions by 50% by 2032
  2. Utilizing 100% renewable energy by 2032
  3. Doubling the amount of solar power generated in the city
  4. Increasing the number of buildings required to benchmark using Energy Star Portfolio manager 
  5. Executing DC’s new resilience plan