The initiative is aimed at helping companies integrate Linux into the enterprise to help reduce energy consumption in datacentres through server consolidation.
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The initiative supports IBM's broader commitment to make datacentres greener through Project Big Green, which was announced in May.
The Linux Foundation said it expected the Green Linux initiative to harness the power of its members, including IBM, to further enhance recent advances in Linux power management.
"We expect Linux to be a leader in this area, and for Linux customers and the environment to realise the gains brought about by our members' efforts," said Jim Zemlin, executive director for the Linux Foundation.
Zemlin praised IBM for continuing to focus effort in the important area of power conservation. The company's Linux Technology Centre had been involved in contributing a number of recent features to the Linux kernel for making Linux more power efficient in datacentres.
IBM also announced plans to cut energy consumption in its datacentres by 80% by consolidating 3,900 of its own servers on to 30 System Z mainframes running the Linux operating system as part of Project Big Green.
"Customers are increasingly turning to the Linux consolidation capabilities of IBM's System Z and System P platforms," said Inna Kuznetsova, IBM's global executive for Linux.Comment on this article: firstname.lastname@example.org