East Asia

This move follows ALI’s securing of a green loan from the International Finance Corporation (IFC), which aims to fund projects certified under the EDGE Zero Carbon program. The program measures energy efficiency and carbon reduction in buildings.

The bank has also made significant strides in building efficiency, earning the distinction of being the first Philippine bank to receive IFC-EDGE Green Building certification for its branches. This recognition underscores BPI’s dedication to reducing its carbon footprint across its operations.

In a landmark effort to promote sustainable development and drive Indonesia’s transition to a low-carbon economy, the International Finance Corporation (IFC) has introduced its first sustainability-linked loan in the country. This initiative aims to bolster green building certification and improve energy efficiency within the portfolio of PT Nirvana Wastu Pratama (NWP), a leading player in … IFC Launches First Sustainability-Linked Loan in Indonesia to Advance Green Building Initiatives

With a 6.5-hectare green campus and a total projected investment of US$165 million, British University Vietnam (BUV) has recently achieved the prestigious Excellence in Design for Greater Efficiencies (EDGE) green building certification, a global mark of excellence for sustainable buildings

Siamese Asset’s leadership in sustainability is exemplified by its status as Thailand’s first EDGE Champion, a prestigious certification awarded by the International Finance Corporation (IFC). This accolade recognizes the company’s exceptional efforts in advancing green building practices and setting new benchmarks for energy and resource efficiency. The EDGE certification proves Siamese Asset’s dedication to reducing environmental … Leading the Future: Siamese Asset’s Award-Winning Commitment to Green Building and Sustainable Living

IFC’s investment is not just financial but also advisory. The organization will assist Central Pattana in accelerating its sustainability performance targets and greening its portfolio through IFC’s EDGE building certification. This combined support is expected to help Central Pattana achieve its goal of greening 20% of its property assets by 2030, which constitutes a significant … IFC Invests $100M in Central Pattana’s Sustainability-Linked Bond

Aside from financing, IFC will also assist the company in accelerating sustainability performance targets, greening its portfolio through IFC’s EDGE building certification, and updating its decarbonization strategy.

PHILIPPINE property developers are increasingly seeking green certifications for office buildings not only because of government energy mandates but also rising demand from multinational companies. It’s no longer uncommon to find developers touting the sustainable features of their new office buildings, which have received certifications like Leadership in Energy and Environmental Design (LEED), Building for … Green is good: Why more developers eye green certifications for buildings

Makati City, Philippines – RLC Residences recently forged a groundbreaking agreement with the International Finance Corporation (IFC), committing one million square meters (GFA) of net zero carbon and resilient condominiums by 2031. The pledge was spearheaded by RLC Residences Senior Vice President and Business Unit General Manager Chad Sotelo during IFC’s 2nd Climate Forum at … RLC Residences announces net zero carbon and resilient condo target

In recent years, IFC has collaborated with ALI to enhance its capacity for sustainable finance and green-building initiatives. For instance, in April 2024, Ayala Land Hotels and Resorts Corp (AHRC), ALI’s hospitality division, committed to becoming the first hotel group in the Philippines to achieve EDGE Zero Carbon certification by 2026. This follows a similar … IFC Partners with Ayala Land for $250 Million Sustainability-Linked Financing to Boost Green Buildings in the Philippines

It is also linked to two sustainability performance targets with the first involving certifying 1.5 million-square meters of ALI’s existing office portfolio by the end of 2025 with IFC’s EDGE Zero Carbon Certification, increasing from around 350,000 square meters at present. ALI’s portfolio is the currently the largest to be EDGE Zero Carbon-certified in the … IFC lends P14.5 billion for ALI’s green projects

“Together with IFC, we’ve already built the largest EDGE Zero Carbon office building portfolio in the Philippines, aligning with the Ayala Group’s net zero by 2050 agenda,” said Meean Dy, President and CEO of ALI. “This landmark investment ensures we keep the momentum towards portfolio decarbonization, further deepening our shared commitment to a greener property sector … IFC Partners with Ayala Land on its First Sustainability-Linked Financing, Boosting the Market for Green Buildings in the Philippines

As part of the financing package, IFC’s subscription in a blue bond of $25 million will allow SeABank to expand its funding for sustainable economic activities associated with ocean and water (aquaculture and fisheries, water supply, and others). IFC’s subscription in a green bond of $50 million will help the bank increase its financing of … IFC Supports SeABank to Issue Viet Nam’s First Blue Bond, Boost Climate Finance

NWP owns and operates Indonesia’s largest green-certified commercial real-estate portfolio with nine assets certified by IFC’s EDGE and 1 asset certified by Singapore BCA.

NWP owns and operates Indonesia’s largest green-certified commercial real-estate portfolio with nine assets certified by IFC’s EDGE and 1 asset certified by Singapore BCA.

Once complete, the project, located at the Sedenak Tech Park in Johor Bahru, will become the largest data-center campus based in an emerging market, in terms of combined metrics of land size and committed power capacity. It will also be certified by the Excellence in Design for Greater Efficiencies (EDGE) green building program, IFC’s green building certification … Malaysia’s Data Center Ambitions Get a Boost with New Investment from IFC

RLC Residences recently recorded a new milestone for Le Pont Residences as the development received an EDGE Advanced preliminary certification from the International Finance Corporation (IFC). The prestigious certification recognizes the developer’s commitment to sustainable development and its leadership in creating a more resource-efficient future.

AyalaLand Hotels and Resorts Corp (AHRC) signed an agreement with the International  Finance Corporation (IFC) signifying its commitment to achieve EDGE Zero Carbon certification for 2,826  rooms in its hotel portfolio by 2026, a first for a hotel group in the Philippines.

AyalaLand Hotels and Resorts Corp (AHRC) has signed an agreement with the International Finance Corporation (IFC) signifying its commitment to achieve EDGE Zero Carbon certification for 2,826 rooms in its hotel portfolio by 2026, a first for a hotel group in the Philippines, a press release from AHRC said.

Arthaland Corporation’s efforts in transforming Cebu City with sustainable projects like the EDGE Advanced Public Elementary School Building mark a significant step towards a ‘Singapore-like Cebu with Melbourne features’. Their work exemplifies a commitment to environmental stewardship and economic vibrancy.

Pueblo de Oro Development Corp. (PDO), the property development arm of the ICCP Group, has achieved preliminary EDGE (Excellence in Design for Greater Efficiencies) certification for its Westwoods Storeys project in Barangay Carmen, Cagayan De Oro City.

“Lucima is our flagship residential condominium in the Queen City of the Philippines. It is envisioned as the Southern Philippines’ first quadrupled-certified high-rise residential project. It is vying for IFC’s EDGE Zero Carbon certification in the Southern Philippines, proving that we can raise the standards of residential developments,” shared Mr. Jaime C. González, Arthaland’s Vice … Sustainability and Wellness at the Core of Lucima by Arthaland

Construction) – On September 28, in Ho Chi Minh City, the Ministry of Construction coordinated with related ministries, branches and Ho Chi Minh City People’s Committee to organize Vietnam Green Building Week 2023 with the theme “GREEN BUILDING DEVELOPMENT PROMOTES GREEN TRANSFORMATION OF THE CONSTRUCTION INDUSTRY: OPPORTUNITIES AND CHALLENGES”.

Approaching green finance will enable Vietnamese firms to undergo transformation, protect the environment, and enhance their financial capacity, said Do Ngoc Diep, who manages a green building and climate change adaptation program under the International Finance Corporation (IFC).

IFC launched the Building Resilience Index on April 20 to help Vietnamese enterprises build climate-resilient projects.

BPI also ended 2022 as the first Philippine bank to have five International Finance Corporation – Excellence in Design for Greater Efficiencies (IFC-EDGE) certified bank branches in the Philippines. These branches are BPI Iloilo Solis, Loyola Katipunan, Guiguinto, San Fernando Highway Main, and North Greenhills.

The @345 building in Port Moresby has become the first building in the Pacific to be accredited as a green building. The accreditation came after Steamships, a conglomerate in PNG, and the International Finance Corporation (IFC) retrofitted the building to meet the sustainability criteria. That involved ensuring a 20 per cent savings in energy consumption, water consumption, and … PNG building becomes first in Pacific to receive green accreditation

Steamships, a diversified Papua New Guinean conglomerate with interests in logistics, property, and hospitality, along with IFC, a member of the World Bank Group, today announced the redevelopment of the three-story building in downtown Port Moresby known as @345, previously Burns Haus, has been awarded final certification under the green building certification system known as … Steamships and IFC Collaboration Sees Landmark PNG Building Become First in South Pacific to Achieve International EDGE Certification

We applaud Filinvest REIT for being at the forefront of the green building movement in the Philippines through their registration of six office towers toward an EDGE certification,” said Jean-Marc Arbogast, IFC country manager for the Philippines.

Five Indonesian companies and a university were today officially recognized for their commitment to decarbonize their building portfolios, a move that’s vital to the quest to lower greenhouse gas emissions.