IFC cites Italpinas for energy efficiency

By Iris Gonzales | The Philippine Star

MANILA, Philippines – Italpinas Development Corp. has bagged an International Finance Corp. (IFC) certification for the energy efficient design of its 10-story twin tower Prima-vera Residences.

In a briefing yesterday, Italpinas said the Primavera Residences in Cagayan de Oro City is now the first completed condominium building in East Asia certified under IFC’s Excellence in Design for Greater Efficiencies (EDGE) program.

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Property developers going “green,” Italpinas project gets IFC's green building certification

By Doris Dumlao Abadilla | Philippine Daily Inquirer

MORE property developers are seen embracing environmental sustainability features, with about 20 percent of all new construction in the Philippines likely to be certified as “green” developments in the next five years.

This is what the World Bank’s private sector arm International Financial Corp. (IFC) hopes to see with the introduction to the local market of EDGE – which stands for “excellence in design for greater efficiencies” – a simpler and more affordable accreditation system for developers to reduce energy and water consumption in their buildings while lowering greenhouse-gas emissions.

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