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IFC PARTNERS WITH GREEN BUILDING INITIATIVE

MANILA, Philippines – The International Finance Corp. (IFC), a member of the World Bank Group, has partnered with Philippine Green Building Initiative (PGBI) for its green building program aimed cutting greenhouse gas (GHG) emissions and generating savings through energy efficiency.

The IFC named PBGI as its local partner in promoting green building through the use of Excellence in Design for Greater Efficiencies (EDGE), IFC’s green building certification system for emerging markets.

EDGE promotes resource efficiency through building designs that reduce energy, including the energy used in making construction materials, and water.

“With PGBI as our partner in the Philippines, we hope to see more building designers and developers champion green building and transform the market into one that invites economic growth, minimized resource consumption, reduced greenhouse gas emissions, and generates savings for building owners and residents,” IFC country manager Yuan Xu said. As IFC’s partner, PBGI would serve as the exclusive certification provider for EDGE projects in the Philippines. PGBI is a non-profit group of professional associations that promote energy-efficient and environment-friendly design and construction.

“EDGE is a design and investment planning tool that the building industry can use to make sustainable designs in order to be more competitive in the market,” PGBI president Amado de Jesus said. “PGBI is founded on a concern over the impact of global warming. We see EDGE as an immediate action that offers developers a leadership opportunity while helping to mitigate climate change.” Source: Philippine Star, July 25, 2016 http://bit.ly/2asyIxN

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