SA Affordable Housing November / December 2017 // Issue: 67 - Page 14

EVENTS Adding ‘edge’ to affordable housing Leaders in providing affordable housing gathered on 11 August at Drivelines Studios in Maboneng, Johannesburg to share how they incorporate green initiatives on their current developments and how going green is the future of affordable housing. The first IFC Edge event was held in Maboneng, Johannesburg. M ore than 80 CEOs and their management teams from South Africa’s finance and property development sectors attended a forum to share the business case for committing to design and certify their new homes with Excellence in Design for Greater Efficiencies (Edge). The event was hosted by the International Finance Corporation (IFC), a member of the World Bank Group which focuses on the private sector. Lenore Cairncross, Edge programme lead from the IFC, stated that green initiatives in construction created 20% savings on water and electricity, therefore saving consumers from high utility costs. Through establishing Edge certification for the affordable housing industry, green building is now available for all. IFC created Edge to respond to the need for a measurable solution to prove the financial case for building green and help jumpstart green buildings. It comprises a voluntary certification system as well as complimentary online software to empower builders to quickly determine the most cost-effective ways to