ATTY. MARIA TERESITA LACERNA
International Finance Corporation (World Bank Group)
Climate change and other environmental risks caused by rapid industrialization are a growing challenge, threatening poverty alleviation efforts and undercutting achievements in sustainable development. Business as usual is no longer an option. Going green in the building sector and even for a residential can save investors serious money through lower energy and water bills. Understanding this, both investors and policymakers alike are recognizing that greener building can provide multiple benefits:
- Saving operating costs by boosting efficiency
- Reducing a community’s carbon footprint through lower greenhouse gas emissions
- Generating jobs through home-grown innovation.
Until now, going green in the building business seemed a luxury for the wealthy or for select multinational companies looking to make a branding statement. Today however, middle and low-income buildings can also adopt environmentally sound designs. Imagine a simple, inexpensive, and reliable way to generate real and dramatic savings on utility bills no matter what the income of the client or the kind of building they live or work in – whether a house, hospital, apartment building, hotel, or office. There is a way - learn more about the IFC (International Finance Corporation) EDGE Green Buildings Certification System by attending this lunch brief.
International Finance Corporation (IFC)
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries. We utilize and leverage our products and services, as well as products and services of other institutions in the World Bank Group to provide development solutions customized to meet clients’ needs. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and political challenges.
Clients view IFC as a provider and mobilizer of scarce capital, knowledge, and long-term partnerships that can help address critical constraints in areas such as capital, knowledge, and long-term partnerships that can help address critical constraints in areas such as finance, infrastructure, employee skills, and the regulatory environment.
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