The Philippine Green Building Initiative (PGBI) is aiming to achieve more than ten certified buildings by the end of this year by joining forces with IFC, as noted by Ramon Aguilos, vice president for PGBI’s administration and operations.
Through the collaboration, PGBI has authorized for EDGE certification projects in the Philippine. According to Aguilos, many developers have taken the interest for EDGE certified buildings in the country. The EDGE certification focuses more on the quantitive aspect; where actual reduction in energy, water usage, as well as conservation of resources measured in actual figures matter.
The IFC said in a statement that they target to have every new building meet a 20 percent reduction in energy, water and embodied energy in materials. Moreover, EDGE certification only accepts green building measures with a return on investment (ROI) of three years or less.
Some of the projects in the Philippines have already been EDGE certified, including the Promavera Residences condominium towers A and B in Cagayan de Oro by Italpinas Development Corporation, Imperial Homes for the affordable housing units Tiarra Premiere and Delsey in Santo Tomas, Batangas and the socialized housing project Strikeville 4 in Cavite by Phinma Property Holdings Corporation. More upcoming EDGE certified projects are expected to happen in the near future.