No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeBusinessMoney MattersCosta Rica launches new green building certification

Costa Rica launches new green building certification

Costa Rica is celebrated around the world for its “green,” pro-environment image. This week, the Green Building Council of Costa Rica is helping to launch a new certification system here that will help builders and homeowners manifest that reputation.

The Excellence in Design for Greater Efficiencies system allows builders and architects to calculate potential savings and carbon emissions reduction for green building projects. EDGE, a sustainable building certification from the International Finance Corporation, aims to make sustainable design accessible to developing world countries for free.

It makes its free recommendations based on a case study carried out in the country where the project takes place. The system is currently available in 100 developing world countries.

EDGE allows builders and designers to discover where they can best incorporate green cost savings for free, regardless of whether they choose to pursue full certification.

Friday, GBCCR will launch the EDGE certification system for the first time here in Costa Rica on the closing day of the council’s International Sustainable Construction Conference in San José.

José Cordero, technical director of the GBCCR, said one of the biggest problems for those interested in sustainability is “green washing,” the practice of claiming a product is sustainable without any supporting evidence. The technical director said that certification systems like EDGE allow clients and builders a way to prove that their project really is as green as they say.

The IFC’s decision to make the EDGE program free was not coincidental. Green building still suffers from the stigma of high costs.

“Costa Ricans really like the idea of sustainability and carbon neutrality, but when it comes to putting down an extra colón to make that happen, Ticos take a step back,” said Daniel Matamoros, technical adviser to GBCCR.

But financing for green building here is becoming increasingly accessible.

BAC Credomatic, Costa Rica’s first certified carbon neutral business, started offering 100 percent financing for green projects in May 2014 to help homeowners and businesses get over potential sticker shock.

“It’s not just about fashion or the environment; it’s about saving money,” said BAC’s Nathalie Hidalgo.

BAC finances projects up to $1 million for businesses that want to install solar panels, solar-powered water heaters, or wind turbines to reduce their electricity bill and carbon footprint. The bank will also finance smaller projects for homeowners.

Julio Esquivel, sales executive with Arte en Luz, a high efficiency light design company that had a booth at the conference, said that switching over to LED lights might cost more upfront than traditional fluorescent lights, for example, but the savings pay back in the short to medium term.

Esquivel said that LED lights coupled with a smart power management system could save a home or business as much as 70 percent on its electricity bill.

“The more control you have over how the lights are used, the more savings potential,” Esquivel said.

In the words of GBCCR’s José Cordero, “Small changes can have big impact.”

Trending Now

4,500 US Marines Launch Anti-Drug Operation in Latin America Waters

In a significant escalation of efforts to counter organized crime and drug trafficking networks, the U.S. Southern Command (SOUTHCOM) has deployed more than 4,500...

Costa Rica Replaces One-Lane Bridges as Traffic and Population Grow

As the infrastructure of Costa Rica advances, with new four-lane highways and a series of bypasses around San José that avoid the narrow, congested...

Panama Union Files Lawsuits Against Chiquita Over Mass Layoffs

Panama’s President, José Raúl Mulino, will meet in Brazil with U.S. banana company Chiquita Brands in search of an agreement for the company to...

Costa Rica’s Tourism Sector Alarmed Over Rising Violence and U.S. Criticism

Tourism leaders in Costa Rica are warning that rising crime and international criticism could damage the country’s reputation as one of Latin America’s safest...

Costa Rica President Confronts Calls to Strip Immunity

Costa Rican President Rodrigo Chaves denounced today an “attempted judicial coup” as he appeared before a congressional committee that must recommend to the full...

Earthquake Shakes Costa Rica’s Central Valley

An earthquake shook Costa Rica early Friday morning. The tremor occurred at 12:45 a.m. with a magnitude of 4.4. Its epicenter was located 1...
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica