Credai and Green Buildings

CREDAI and Green Buildings

CREDAI Green Buildings Initiative

The Indian Green Building Council (IGBC) and the Confederation of Real Estate Developers’ Associations of India (CREDAI), have entered into a MOU incorporating among others, following areas of cooperation-

IGBC local chapters: IGBC would seek the support of CREDAI members in all its local chapters and work closely with the stakeholders in the Region/ State in taking forward the green building movement. 

IGBC Technical Committees: Senior members of CREDAI would be invited to become members of various technical committees and steering committees of IGBC green building rating system.

Spread CREDAI’s green building footprint:  IGBC through its local chapters and technical support would facilitate CREDAI projects go green and enable them achieve the desired green building rating 

Priority focus on affordable housing: IGBC has a separate rating for green affordable housing and IGBC would offer technical support for CREDAI projects go green under this rating system

Capacity Building & Skill Development: IGBC and CREDAI shall jointly organise training & awareness programmes to facilitate capacity building to the stakeholders of CREDAI and IGBC chapters across the Country. IGBC would organise exclusive skill development workshops for CREDAI members to take up IGBC Accredited Professionals (AP) exams.

Policy Advocacy: IGBC and CREDAI shall work together and coordinate with the Government- both Central and State for offering Policy incentives to IGBC rated projects. It will also work for faster environmental clearance for IGBC projects and other Government initiatives

Confederation of Real Estate Developers' Associations of India (CREDAI) have partnered with IFC (International Finance Corporation), a member of the World Bank Group to promote green buildings in the country through EDGE certification. EDGE is poised to jumpstart the mainstreaming of green buildings across the country in a fast, simple and affordable way.

EDGE stands for ‘Excellence in Design for Greater Efficiencies’, and is a standard that focuses on energy and water efficiency in buildings. EDGE empowers builders and home-owners to choose environment-friendly technical solutions while capturing costs and projected savings. EDGE provide a software application for new residential and commercial buildings that enables design teams and project owners to assess the most cost-effective ways to incorporate energy and water saving options in their buildings.

EDGE calculates operational savings and reduced carbon emissions for building as measured against a base case, through input of building parameters. Solutions for better performance and effective savings appear as output of the EDGE software. Review the user guides for more in-depth information.

CREDAI encourages its members, including local chapters, to incorporate resource efficiency in their design using EDGE. To qualify for the certification, these efficiencies must result in savings of at least 20 percent in energy, water, and materials over the local standard practices. IFC will train members and share global best practices and knowledge with CREDAI on green building technologies.

Fast

Fast

The EDGE software helps discover the ideal measures for the best return on investment within minutes.

Simple

Simple

Beneath the intuitive EDGE interface is a powerful engine that understands the climatic conditions of locations and how building will be used by occupants.

Smart

Smart

EDGE lets users view hypothetical capital costs and a prospective payback period for commercial buildings.