San Jose, Costa Rica, May 14, 2015 —
IFC, a member of the World Bank Group, and the Green Building Council of
Costa Rica (GBC-CR), today launched the EDGE green building certification
system in Costa Rica to bolster eco-friendly construction and resource
efficiency in new buildings. The launch took place during the GBC-CR International
Green Building Congress: “Habitat and Sustainable Cities”.
Costa Rica marks the first national
launch in Latin America of EDGE, which helps property developers design
and construct new buildings that save money while leaving a lighter carbon
“Buildings account for about 19 percent
of greenhouse gas emissions and a third of all energy worldwide,” said
Luc Grillet, IFC Senior Manager for Central America and the Caribbean.
“The most cost-effective way to improve resource-efficiency in buildings
is to improve their design. That is the inspiration for EDGE. In
addition, it complements the Costa Rican government’s commitment to green
building regulations and will contribute to its goal of carbon neutrality
An innovation of IFC, the free EDGE
software can be used for new residential and commercial buildings in nearly
100 countries. In minutes, design teams can easily assess the most cost-effective
ways to incorporate energy and water saving options into their buildings.
To reach the EDGE minimum standard, a building must achieve a 20 percent
reduction in energy and water, as well as the energy spent to make the
“Green building certification is now
open to all new buildings in Costa Rica,” said Ana Quirós, President of
the Green Building Council of Costa Rica. “EDGE fills a vacuum in our
market and complements other rating systems by offering a simple and affordable
certification that is accessible to all and adapted to our local conditions.
It has tremendous potential for adoption across a wide range of properties,
from the high to the low end of the market.”
The first EDGE Certification in Costa
Rica was awarded to Hoteles City Express. At the launch event, IFC will
be presenting preliminary EDGE certificates to the Instituto Costarricense
de Electricidad and the Fundación Promotora de Vivienda.
IFC, a member of the World Bank Group,
is the largest global development institution focused exclusively on the
private sector. Working with private enterprises in about 100 countries,
we use our capital, expertise, and influence to help eliminate extreme
poverty and boost shared prosperity. In FY14, we provided more than $22
billion in financing to improve lives in developing countries and tackle
the most urgent challenges of development. For more information, visit