NMRC, IFC launch EDGE green build­ing cer­ti­fi­ca­tion sys­tem

Green build­ings of­fer the sin­gle largest global op­por­tu­nity to make deep emis­sion cuts at low and even neg­a­tive cost. In ad­di­tion to us­ing less wa­ter, green build­ings re­duce en­ergy costs by 20 per­cent on av­er­age over con­ven­tional build­ings, and have lower

The Guardian (Nigeria) - - PROPERTY - By Chine­dum Uwaeg­bu­lam

TO en­cour­age companies to in­vest in sus­tain­ably­de­signed build­ings, Nige­rian Mort­gage Re­fi­nance Com­pany (NMRC) and the In­ter­na­tional Finance Cor­po­ra­tion (IFC), a mem­ber of the World Bank Group, have launched the EDGE green build­ing cer­ti­fi­ca­tion sys­tem in Nige­ria to jump­start the main­stream­ing of re­source-efficient build­ings across the coun­try in a fast, simple and af­ford­able way.

An in­no­va­tion of IFC, EDGE (Ex­cel­lence in De­sign for Greater Ef­fi­cien­cies) is a cer­ti­fi­ca­tion sys­tem for new res­i­den­tial and com­mer­cial build­ings that en­ables de­sign teams and pro­ject own­ers to as­sess the most cost-ef­fec­tive ways to in­cor­po­rate en­ergy and wa­ter sav­ing op­tions in their build­ings.

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.

Se­nior IFC of­fi­cials say, going green in the build­ing sec­tor can save in­vestors se­ri­ous money through lower en­ergy and wa­ter bills. In fact, both in­vestors and pol­i­cy­mak­ers alike are rec­og­niz­ing that greener build­ings can pro­vide mul­ti­ple ben­e­fits such as sav­ing oper­at­ing costs by boost­ing ef­fi­ciency.

EDGE in­cludes com­ple­men­tary soft­ware to em­power build­ing pro­fes­sion­als to quickly and eas­ily de­ter­mine the most cost­ef­fec­tive ways to build green based on oc­cu­pant be­hav­ior, build­ing type and the lo­cal cli­mate.

The sys­tem also em­pow­ers builders to choose tech­ni­cal so­lu­tions while cap­tur­ing costs and pro­jected op­er­a­tional sav­ings. The driv­ers be­hind EDGE are fi­nan­cial but the re­sults are en­vi­ron­men­tal—edge helps mit­i­gate cli­mate change by en­cour­ag­ing re­source-efficient devel­op­ment.

Last week, NMRC and IFC, along with the con­sor­tium of thinkstep-sgs, the cer­ti­fi­ca­tion provider for EDGE in Nige­ria, held meet­ings in Lagos and Abuja re­cently about EDGE adop­tion and im­ple­men­ta­tion.

Ac­cord­ing to Dr. Chii Ak­porji, NMRC’S Ex­ec­u­tive Di­rec­tor for Pol­icy, Part­ner­ships and Busi­ness Devel­op­ment, “NMRC and IFC share a com­mon as­pira- tion to move the build­ing con­struc­tion in­dus­try on to a lower car­bon, more re­source-efficient path.”

She ex­plained: “Through the part­ner­ship, the en­ti­ties will work to­gether to pro­mote sus­tain­able de­sign prac­tices in Nige­ria. This will in­clude NMRC rec­om­mend­ing EDGE cer­ti­fi­ca­tion to clients to in­crease the value of their green prop­er­ties.”

Un­der the pro­gramme, IFC aims to trans­form 20 per cent of the con­struc­tion mar­ket in rapidly in­dus­tri­al­iz­ing coun­tries with the sup­port of in­dus­try lead­ers, govern­ments and fi­nan­cial in­sti­tu­tions. Re­source-efficient build­ings pro­vide a tan­gi­ble value that can be passed from prop­erty de­vel­op­ers to their cus­tomers through util­ity sav­ings.

Green build­ings also have less neg­a­tive im­pact on the en­vi­ron­ment and re­in­force a more sus­tain­able cor­po­rate brand. They also en­able home­buy­ers to make a dif­fer­ence through choos­ing green homes for their fam­i­lies, which have the po­ten­tial for higher re-sale val­ues.

“Going green and af­ford­abil­ity are not mu­tu­ally exclusive – both are possi-

ble. We know from our global ex­pe­ri­ence that we do not have to give up one to achieve the other.

“What we need is a way to put build­ings onto a greener path with so­lu­tions that are sen­si­ble in the Nige­rian con­text. EDGE can help ac­com­plish that,” re­marked Eme Essien Lore, IFC Coun­try Man­ager, Nige­ria.

IFC has a green build­ing in­vest­ment port­fo­lio of more than $3 bil­lion, which in­cludes its own di­rect in­vest­ments and mo­bi­lized fi­nanc­ing. Ghana Green Build­ing Pro­gram Lead, IFC, Mr. Den­nis Quansah said that EDGE takes this move­ment a step fur­ther by en­cour­ag­ing more af­ford­able green hous­ing in high ur­ban growth mar­kets, help­ing build sus­tain­able cities at a time when re­sources are get­ting in­creas­ingly harder to se­cure.

Nestoil Tower in Vic­to­ria Is­land, Lagos

EDGE Co­or­di­na­tor, Green Build­ing Cer­ti­fi­ca­tion, (SGS), Mr. Paul Ocran (left); Ex­ec­u­tive Sec­re­tary/ceo, MBAN), Mr. Kay­ode Omo­toso; Chief Sus­tain­abil­ity & Devel­op­ment Of­fi­cer, Echo­s­tone Opco, LLC, Mr. Em­manuel Ste­fanakis; OFISD, CBN, Mr. Ba­batunde Adewumi; Head, Busi­ness Devel­op­ment, NMRC, Mrs. Dorothy Obata; Ag. MD/CEO, NMRC, Mr. Ke­hinde Ogundimu; Lagos Com­mis­sioner for Hous­ing, Prince Gbo­la­han Lawal; Ex­ec­u­tive Di­rec­tor, Pol­icy, Strat­egy, Part­ner­ship + Busi­ness Devel­op­ment, NMRC, Dr. Chii Ak­porji; Pres­i­dent, MBAN/CE, Trust­bond Mort­gage Bank, Mr. Adeniyi Akin­lusi; Mort­gage/hous­ing Finance Spe­cial­ist Con­sul­tant to the NHFP, Mrs. Adenike Fasanya-os­i­laja; Chair­man, Mort­gage Ware­house Fund­ing Lim­ited, Mr. Son­nie Ayere; MD/CEO, Home­base Mort­gage Bank, Dr. Femi John­son and Ghana Green Build­ing Pro­gram Lead, IFC, Mr. Den­nis Quansah dur­ing NMRC-IFC EDGE Discovery work­shop in Lagos

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