9th Annual Municipal Green Building Conference & Expo:PACE-Innovative Energy Efficiency Financing Moves off the Starting BlockPresented by USGBC Los Angeles Commercial Real Estate & Finance subcommitteePresenters: David Hodgins, Clinton Climate Initiative, William J. Clinton FoundationTed Flanigan, President, EcoMotionWhile the concept is still fairly new, many in the industry hope that Property Assessed Clean Energyfinancing – or “PACE” – will be a game-changer in the transition towards greater energy efficiency in thebuilt environment. By allowing private property owners to repay loans for energy efficiency upgrades andinstallation of distributed generation technologies over time via the property tax bill, PACE helps toovercome many of the key barriers that have prevented widespread implementation of energy efficiencyretrofits. 16 states now have enacted legislation to enable “PACE” financing, with a number of otherscoming on line in the near future. But how does state-level legislation translate into real projects that saveenergy? Featuring two of the most widely respected experts in the field of energy efficiency finance, thispanel will explore how the first-movers have fared thus far, lessons learned from their experience, andinnovative variations on how the PACE financing concept is being applied around the country and acrossreal estate sectors.