According to him, IFC has a green building investment portfolio of more than $3 billion, which includes its own direct investments and mobilised financing, which Nigeria can access with proper arrangement in place. He said the corporation is presently complementing its investment work and advising governments on green building regulations in Bangladesh, Colombia, Costa Rica, Indonesia, Peru and Philippines, among others. It delivered a record $19.3 billion in long-term financing for developing countries, leveraging the power of the private sector to help reduce poverty and boost shared prosperity. Lore gave the assurance at the weekend in Abuja at a forum tagged “Industrial developers forum,” aimed at discussing the pathway for a greener Nigeria through the construction industry. He stressed that EDGE includes complementary software to empower building professionals to quickly and easily determine the most cost-effective ways to build green, based on occupant behavior, building type and the local climate.

Source: The Guardian May 28, 2018 03:22 UTC