Paladin Realty Certifies Homebuilding Projects in Brazil and Peru with IFC’s Excellence in Design for Greater Efficiencies (“EDGE”) Certification
Paladin Realty announced today it has received the International Finance Corporations “EDGE” certifications for two more of its homebuilding projects in Latin America. The first project, Bosque da Serra, is a 964-unit low-income development in São Paulo which has certified savings of 21% in energy, 26% in water and 71% less embodied energy in materials compared to the average local project. The second project certified is a 429-unit middle-income development in Lima. The project has certified savings of 28% in energy, 48% in water, and embodied energy savings of between 47% to 64% compared to the average local comparable project.
Jim Worms, Paladin’s CEO, said, “as we continue to push for greener construction and more sustainable building practices, we are grateful to be recognized by the IFC for these accomplishments. The IFC has created a user-friendly, cost effective green benchmarking tool that we intend to utilize as much as possible in our residential development business in Latin America”.READ MORE