A new green building certification programme has been brought to South Africa thanks to the Green Building Council South Africa (GBCSA) and its partnership with
World Bank Group member, the
International Finance Corporation (IFC). The GBCSA in Cape Town (15 September 2014) the launch of the “EDGE” rating system, to be utilised for homes in South Africa. The launch comes in the wake of the GBCSA’s hugely successful My Green Home education and awareness campaign for the greening of homes, in addition to a detailed market research study jointly led by IFC and the GBCSA on the potential need and impact of EDGE in the South African market. EDGE, which stands for “Excellence in Design for Greater Efficiencies,” seeks to help facilitate a transformation of the property sector in rapidly urbanising countries by influencing design considerations. To achieve the EDGE standard, minimum savings of 20% energy, water, and embodied energy in materials must be met. The goal of IFC’s EDGE programme is to help build capacity for developers, banks, and governments to mainstream resource-efficient buildings in rapidly growing economies around the world. With EDGE, builders can assess the most cost-effective ways of bringing green features into their designs, financiers can offer better terms to developers and green mortgages for homeowners, and governments can do their part through incentives and improved regulations. EDGE has been adapted for the local South African context, especially in light of the SANS 10400 Part XA energy efficiency
building code. This code was promulgated for all new buildings in 2011. Since 2009, IFC has invested more than $600 million in green buildings, including homes, commercial buildings, hotels, and hospitals, both directly and through financial partners. IFC has also provided regulatory advice to the governments of Colombia, Panama, the Philippines, Vietnam, Indonesia, and Bangladesh. As part of its climate strategy, IFC has developed EDGE to encourage resource-efficient building design by proving the
business case for building green. ==References==