Green Buildings—A Finance and Policy Blueprint for Emerging Markets shows how financiers, governments, developers and building owners can take the lead in shaping and accelerating this multitrillion-dollar business opportunity.
From almost 15 years of investing in green buildings, IFC (International Finance Corporation) has learned that green buildings should be:
Certified as green under one of the internationally recognized certification standards or an approved national standard.
At least 20 percent more energy efficient than a baseline building without energy-efficient design.16
Able to quantitatively report impact metrics, such as energy and water savings, and greenhouse-gas emissions reductions.
When IFC provides credit lines to its client banks and other financial intermediaries for on-lending for green building projects, it requires eligible projects to be certified at least 20 percent energy efficient than the benchmark.17