Cases such as the ordinance of the District Municipality of San Borja in the city of Lima which resulted in 85% of projects within the district to be green buildings, or the district of Miraflores with a share of 72% green buildings, underscore the impact these municipal incentives can have.
Across Latin America, IFC has carried out 70 awareness and training events, benefiting more than 1,000 actors linked to the construction sector, mainly officials from more than 80 public entities, including local governments, ministries and urban planning institutes, among others. Achieving this dissemination of information on sustainable construction leads to a multiplier effect, as it creates awareness on the benefits of building green among groups of actors who are key players in this sector. In particular, the synergies created between the public sector, the real estate sector, professionals, and construction associations have been fundamental to advance the creation and implementation of incentives. IFC has created this guide to offer practical information to all local and state governments interested in replicating success stories and applying the lessons learned so far.
Given that the incentive program is still under implementation, this document will be updated periodically as new results become available. We encourage public officials to apply this knowledge to their work environment, creating innovative regulatory instruments that promote green building and thus support the sustainability of our planet.