What is the EDGE certificate all about?
EDGE is a sustainability certificate for buildings, created and awarded by IFC (International Finance Corporation), member of the World Bank Group, to promote resource-efficient buildings.
EDGE is short for Excellence in Design for Greater Efficiencies. It helps developers reduce the water and energy usage of their buildings.
EDGE proves that future-proof buildings can be more profitable and have a smaller environmental footprint. To qualify for certification, a building must be 20% more efficient than standard buildings in the same area. Three categories are considered: energy, water, and the materials’ embodied energy. But it doesn’t stop there: businesses that want to excel can achieve EDGE Advanced or Zero Carbon certification, by raising the energy savings of their building to 40%, as well as implementing renewable energy solutions.
20% or more savings in energy, water and embodied energy in materials.
|EDGE Advanced||40% or more savings in energy, water and embodied energy in materials.|
|Zero Carbon||EDGE Advanced with 100% renewables on-site or off-site, or purchased carbon offsets to top off at 100%.|
In 2020, WDP and IFC (part of World Bank Group) signed a financing package for about €205 million, exclusively dedicated to newly built development projects with green certification in Romania. Access the press releases here (read press release). Together with EBRD, we are setting up an inclusion project for young people in the Romanian labor market. In this way we fight together against the high youth unemployment in the country.
In 2020, 48 EDGE certificates were awarded to Romanian WDP warehouses.