Background on the Standards:
The Green Building Underwriting Standards were launched
by J.P. Morgan Chase and Wells Fargo Wachovia and unanimously approved on September 2, 2008 in the Capital Markets Partnership's
American National Standards Institute's Accredited Consensus Process.
For the capital markets and the building
industry, consensus standards have the highest value and are a prerequisite for use and adoption because they substantially
reduce risk and uncertainty, and have regulated the industry since 1898.
The Standards, as adopted by leading investment
banks and global building management and investment firms:
• Document: higher valued collateral
and reduced risk for lending and investors
• Provide: increased investor confidence
•
Stimulate: green building financing by providing the basis for cheaper cost of capital and higher bond ratings
•
Cover: LEED, ENERGY STAR, Certified Climate Neutral, and GreenPoint Rated Buildings with 5 categories of attributes to score
value
• Rank: the most valuable green building attributes
