Victoria Harbour and Barangaroo South, two of Australia’s largest urban regeneration projects, have been officially recognised by the C40 Cities Climate Positive Development Program for their strategies and tactics on the pathway to achieve climate positive outcomes. This achievement represents the spirit of collaboration, determination and goodwill between the C40, Lend Lease, Barangaroo Delivery Authority, Places Victoria, and the City of Melbourne to target low carbon outcomes in these projects. Read more

Australian city regeneration projects lead way for next generation of green development

C40 Cities Climate Leadership Group Recognises Victoria Harbour and Barangaroo South

6 March 2013:

Victoria Harbour and Barangaroo South, two of Australia’s largest urban regeneration projects, have been officially recognised by the C40 Cities Climate Positive Development Program for their strategies and tactics on the pathway to achieve climate positive outcomes. This achievement represents the spirit of collaboration, determination and goodwill between the C40, Lend Lease, Barangaroo Delivery Authority, Places Victoria, and the City of Melbourne to target low carbon outcomes in these projects.

With the recognition from C40 and the Climate Positive Roadmap Review Committee, Lend Lease’s Victoria Harbour and Barangaroo South projects take their place as leaders of the next generation of green development across the globe, committed to working to create communities that operate with a net zero increase in greenhouse gas emissions, and supporting cities to adapt to the challenges that climate change and rapid urbanisation introduce.

“Lend Lease is proud to be playing a leading role on two of Australia’s most progressive urban regeneration projects; leading the way for C40 and the Climate Positive Development Program globally,” said Lend Lease Chief Operating Officer Dan Labbad. “These projects serve as a new international benchmark for the C40 Cities network, as well as our own development pipeline, creating a legacy based on partnerships between the private sector, state and local government.”

By successfully demonstrating possibilities and identifying critical collaborations between developers and their state and city government counterparts, these projects are creating a case for joint planning and development that improves the local environment, creates jobs, and enhances quality of life.

“As a network of the world’s megacities committed to taking climate actions, C40 harnesses the expertise from its membership to provide solutions to the most vexing problems facing cities,” said Dr. Rohit Aggarwala, Special Advisor to the C40 Chair, New York City Mayor Michael R. Bloomberg. “The enormous opportunity and accomplishment that Lend Lease’s Victoria Harbour and Barangaroo projects have made as part of their participation in the Climate Positive Development Program are an example of what can be achieved and the impact we can have.

As a result, the cities in the network can benefit from their experiences and successes and hopefully emulate them locally as they continue to tackle the challenges presented by global climate change.”

Lord Mayor of Melbourne Robert Doyle, Chair of the C40 Sustainable Urban Development Network, said, “Victoria Harbour will become an exemplar for cities, developers and governments to work together to create strong, sustainable communities.”

The C40 Sustainable Urban Development Network launched in Melbourne in March 2012, bringing together the world’s leading experts on sustainability from 17 cities in order to develop a blueprint for sustainable communities. The two day workshop showcased the progress at Victoria Harbour in Docklands, a landmark sustainable precinct in Australia.

“As chair of the C40 Sustainable Urban Development Network I am delighted with the achievements at Victoria Harbour. The City of Melbourne, Lend Lease and C40 partnership has delivered real results that will not only benefit Melbourne but cities around the world,” the Lord Mayor said.

The Climate Positive Development Programme was created to meet the pressing challenges of rapid urbanisation and climate change. It supports large scale urban projects that will demonstrate how cities can grow in ways that are ‘climate positive,’ i.e., taking action to reduce their net operational greenhouse gas emissions to below zero.

ENDS

For further information, please contact:

Christian Sealey                                                                                    Mike Marinello

Media Relations                                                                                    Director of Communications

Lend Lease                                                                                           C40

(m) +61467 767 592                                                                               (e) mmarinello@c40.com

About Victoria Harbour

Victoria Harbour has been labelled the ‘jewel in the crown’ of Melbourne’s Docklands, the largest and most prestigious waterfront development being undertaken in Australia. A key part of Melbourne’s Docklands regeneration site in the CBD, Victoria Harbour brings together a community which includes residents, businesses and recreational users of the waterfront precinct. Victoria Harbour also boasts the highest concentration of green buildings in Australia.

About Barangaroo South

Barangaroo is a $6bn urban transformation of the western edge of Sydney’s central business district and will provide extraordinary benefits for Sydney, NSW and Australia. Lend Lease is responsible for Barangaroo South – the southern 7.5 hectares of the site which is destined to become the greenest and most advanced financial district and the first large scale, carbon neutral precinct in Australia. With a mix of uses, including commercial, residential, retail and dining along with a new landmark hotel, on completion it will be home to around 1,200 residents, 23,000 office workers and more than 2.9 hectares of public space.

About Lend Lease

Lend Lease is a leading and international property and infrastructure group, with a focus on core markets in Australia, Asia, Europe and the Americas. Listed on the Australian Securities Exchange and with circa 18,000 employees, Lend Lease’s capabilities span the property value chain and include development management; investment management; project management & construction and asset & property management. Our expertise covers multiple sectors including commercial, residential, retail, retirement and infrastructure. We create innovative and sustainable property solutions, forging partnerships and delivering maximum benefits to clients, investors and communities. Sustainability has always been an integral part of our culture and through design and investment in new technologies, we are delivering the next generation of sustainable property solutions. Safety is our number one priority and Lend Lease is committed to operating Incident & Injury Free wherever we have a presence.

About The Climate Positive Development Program

The Climate Positive Development Program is a network of the C40 Cities Climate Leadership Group (C40), in partnership with the Clinton Climate Initiative Cities Program (CCI) and the U.S. Green Building Council (USGBC). C40 is a network of large and engaged cities from around the world committed to implementing meaningful and sustainable climate-related policies and programs locally that will help address climate change globally. C40 works in an aligned partnership with the Clinton Climate Initiative (CCI) Cities program, which was started by the William J. Clinton Foundation. CCI Cities became the delivery partner of C40 in 2006. The closer alliance between the two organizations — announced in the spring of 2011 — brings significant resources and infrastructure that will enhance and accelerate their historic activities and positions the combined effort as one of the pre-eminent climate action organizations in the world. To learn more please visit http://www.c40.org/

Climate Positive Roadmap Review Committee

Every Climate Positive project has a unique profile, given their distinct economic, political, and climate challenges, yet each is striving for the ambitious goal of lowering their operational GHG emissions below zero. Development Partners accepted into the Program are expected to pursue the integrated planning of energy efficient buildings, low carbon transportation solutions, and waste and water management systems at the district scale.

In order to get beyond carbon neutral and achieve a Climate Positive outcome, Development Partners shall sequester emissions on-site and abate emissions from surrounding communities. There are many different paths to the Climate Positive outcome of net-negative operational GHG emissions; each project will use a different set of strategies and technologies according to its local opportunities, guided by the Climate Positive Development Framework, which lays out the four stages of the Climate Positive journey.

One of the core tenets of the Climate Positive Development Program is the tiered levels of recognition that projects receive as they strive to achieve a Climate Positive outcome, a by-product of the focus to drive outcomes and results in helping create models for how cities can grow in ways that are low carbon and economically viable. The Program’s recognition platform reinforces the notion of this being a journey toward a Climate Positive outcome, and serves the dual needs of providing established opportunities to validate that projects are proceeding on an appropriate path to achieve a Climate Positive outcome; and providing the opportunity to publicly recognize that projects are on track.

The first phase of recognition, where a project is declared to be a “Climate Positive Candidate” is associated with being accepted in to the program. The second phase of recognition is provided upon approval of a project’s submission of the strategies and tactics that will result in a climate positive outcome, and shall be comprised of a) their Climate Positive Roadmap; b) a Measurement and Verification Plan; c) Evidence of Commitment and Partnership; and d) a Timeline of Milestones.

The Roadmap Review Committee is a small group of volunteers who are supporting the Climate Positive Development Program by providing expert reviews of Climate Positive Development Project’s roadmaps. The role of this group is to ensure that the Project teams have adequately documented and submitted viable strategies and proposals as called for in the Climate Positive Development Program Framework. This volunteer group provides an independent review of the deliverables in order to ensure that all of the proposed strategies to achieve a Climate Positive Outcome are reasonable for their project, and each Climate Positive project is reviewed by a subset of this committee.

www.lendlease.com and www.c40.org