Manila, the Philippines, January 28,
2015—IFC, a member of the World Bank Group, has awarded its first
EDGE resource-efficiency certifications in the Philippines to two housing
projects by Imperial Homes, a local developer of both low-cost and high-end
IFC’s EDGE (Excellence in Design for Greater Efficiencies) is a building
certification system created for emerging markets. It is part of IFC’s
green-building program to promote resource efficiency in buildings by adopting
designs that help reduce materials, water, and electricity consumption.
This is an important initiative in the Philippines where buildings consume
63 percent of the country’s energy supply, according to 2013 data from
the Department of Energy.
Imperial Homes is the first company to achieve EDGE certifications in the
Philippines for two of its housing projects in Batangas, a city south of
metropolitan Manila: Tiarra Premiere Homes and Delsey Homes. Compared to
a similar house built according to current construction practices in the
Philippines, a Tiarra-designed home is expected to save 32 percent in energy
use, 28 percent in water, and 38 percent in building materials, while a
Delsey-designed home will save about 42 percent in energy use, 20 percent
in water, and 26 percent in building materials.
“Imperial Homes has a set a good example in the Philippine market by achieving
our EDGE certification,” said IFC Resident Representative Jesse Ang. “We
hope more companies will follow its lead and build more resource-efficient
buildings in the country, especially with the number of commercial and
residential buildings increasing fast, which will lead to a higher demand
for resources such as water and electricity.”
The Philippines’ National Statistics Office places the average annual
growth rate of commercial and residential buildings at 5.14 percent over
the last decade. The Department of Public Works and Highways, with support
from IFC, is holding nationwide consultations on a proposed green-building
regulation that will be incorporated in the National Building Code. The
measure is expected to be passed in the second half of the year.
IFC’s green-building program is expected to cut 1.9 million metric tons
of greenhouse-gas emissions in the Philippines and save 38 billion Philippine
pesos a year by 2030. To qualify for EDGE Design Certification, companies
must use the EDGE software to prove their building design will reduce energy,
water, and embodied energy in building materials by at least 20 percent
compared to conventional buildings. The online software is available for
free at www.ifc.org/edge.
Upon construction completion, the buildings will be evaluated for EDGE
IFC’s work to promote green buildings in the Philippines is delivered
in partnership with the Switzerland’s State Secretariat for Economic Affairs
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 www.ifc.org.