PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600659

Primary Business Area

Cross-Industry Advisory Services

Disclosure Date

Jul 13, 2016

Country

South Africa

Region

Africa

IFC Approval Date

Aug 18, 2015

Status

Completed

Estimated Total Budget

$1,055,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 11, 2022

Project Estimated End Date

Dec 31, 2022

Project Description

The overall objective of the project is to contribute to resource efficiency in South Africa's construction sector, by promoting the design, construction, and certification of energy and water efficient (green) buildings. The project will focus on residential buildings, particularly in the middle and gap market. Objectives will be achieved by strengthening the local capacity of the Green Building Council of South Africa to implement and promote the EDGE-based voluntary green building certification system, and by working with the financial sector to launch new products in the market that answer the financing particulars of green buildings.

Development Results

E&S Risks / Impacts and Mitigation