User:ETN815/Institute for Market Transformation

The Institute for Market Transformation (IMT) is a 501(c)(3) nonprofit, non-partisan organization based in Washington, DC dedicated to the promotion of energy efficiency, green building and environmental protection in the United States and abroad. The organization’s activities include technical and market research, educational outreach, local and national advocacy, and the crafting of building codes and other policy and program initiatives.

About
The Institute for Market Transformation was founded in 1996 by David Goldstein, a building scientist with the Natural Resources Defense Council (NRDC). IMT was initially an offshoot of NRDC's Russia project, but grew to encompass a full range of former Soviet republics. The organization rounded out its focus during the late 1990's to include initiatives in the United States. Today IMT works in dozens of countries to strengthen linkages between property value, energy savings, and energy performance, focusing on market failures that inhibit investment in efficiency and green buildings. The organization's goal is to facilitate "market transformation," by which markets will internalize the economic value of energy efficient and sustainable practices.

Programs
IMT currently has six major program areas:
 * Energy Rating and Disclosure


 * Advanced Building Codes


 * Financing Energy Efficiency


 * Green Leasing


 * Commercial Energy Services Network (COMNET)


 * International Programs (Russia, China, and former Soviet republics)

Market Transformation
The term "market transformation" encompasses various strategies for the creation of permanent, self-sustaining success of energy-efficient technologies in the marketplace. In contrast with traditional energy efficiency programs, which have focused on piecemeal procurement and installation of efficient technology, market transformation offers a strategic approach to shift entire market sectors toward a more efficient product mix. Market transformation programs may focus on stimulation of consumer demand as well as supplier innovation. The goal of market transformation is to change standard business practices. In the United States and other nations, market transformation has a growing track record of successful synergy with energy codes and standards.