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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