Dive Summary:
- A partnership between the IFC and the World Green Building Council will result in fast-tracking green building construction in emerging markets.
- The WorldGBC will connect its national green building councils to IFC's financial and advisory program.
- The focus of the collaboration will be on quickly expanding urban countries that are experiencing population explosions in dire need of reducing emissions and creating renewable energy while managing its resources.
From the article:
IFC has also worked with the governments of Colombia, Indonesia, the Philippines, and Vietnam to help develop their regulatory environments.
The WorldGBC’s local affiliate councils will certify green buildings through IFC’s EDGE, a new web application that reveals solutions at the early design stage to reduce energy, water and material consumption by 20 per cent.
The built environment is expected to double by 2050; China alone has the potential to add 53 billion square metres of building space, which is equivalent to the building stock of Latin America today.
