access to green finance mechanisms unwto and ifc webinar
TRANSCRIPT
Access to Green Finance MechanismsUNWTO and IFC Webinar Series
ABOUT THIS WEBINAR________
WEBINAR IS BEING RECORDED
MATERIALS WILL BE SHARED ON
WEBSITE
USE CHAT FEATURE TO ASK QUESTIONS
httpswwwunwtoorggreen-investments-for-sustainable-tourism
2
REVENUE COSTSPROFITS
RETURN TO lsquoNEW AND BETTER NORMALrsquo POST COVID-193
TOPICS COVERED________
4
1 IFCrsquos offer for green buildings
2 Green building definitions
3 Business case for sustainable hotels
4 Green financing mechanisms
5 Case studies
6 QampA
Conciliation and arbitration of investment disputes
Guarantees of foreign direct
investmentrsquos non-commercial risks
Interest-free loans and grants to governments
of poorestcountries
Loans to middle-income
and credit-worthy low-income country
governments
Solutions in private sector development
IBRD
InternationalBank for
Reconstruction and
Development
IDA
International Development Association
IFC
International Finance
Corporation
MIGA
Multilateral Investment Guarantee
Agency
ICSID
International Centre for
Settlement of Investment
Disputes
IFC IS A MEMBER OF THE WORLD BANK GROUP________
5
IFC HAS A FOUR-PART STRATEGY TO SUPPORTGREEN BUILDING GROWTH
________
Further Resource About EDGE
6
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
7
7
Super efficient
new hotels
Deep retrofits
for portfolio
Clean energy
Carbon neutrality
PATH TO CARBON NEUTRALITY FOR THE TOURISM INDUSTRY
AGGREGATOR MODEL
LARGE BANKS INVEST VIA LOCAL FINANCIAL
INSTITUTIONS
VIA CAPITAL MARKETS
FINANCIAL PATHWAYSTECHNICAL PATHWAYS
DIRECT INVESTMENT
8
UNDERSTANDINGGREEN BUILDINGS
________
9
9
DEFINITION OF A GREEN BUILDING________
20202020
CERTIFIABLY GREENAS VERIFIED BY
AN INDEPENDENTTHIRD PARTY
BETTERPERFORMANCE
THAN THELOCAL BASELINE
amp 20
QUANTIFIED IMPACT REPORTING
amp
10
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
ABOUT THIS WEBINAR________
WEBINAR IS BEING RECORDED
MATERIALS WILL BE SHARED ON
WEBSITE
USE CHAT FEATURE TO ASK QUESTIONS
httpswwwunwtoorggreen-investments-for-sustainable-tourism
2
REVENUE COSTSPROFITS
RETURN TO lsquoNEW AND BETTER NORMALrsquo POST COVID-193
TOPICS COVERED________
4
1 IFCrsquos offer for green buildings
2 Green building definitions
3 Business case for sustainable hotels
4 Green financing mechanisms
5 Case studies
6 QampA
Conciliation and arbitration of investment disputes
Guarantees of foreign direct
investmentrsquos non-commercial risks
Interest-free loans and grants to governments
of poorestcountries
Loans to middle-income
and credit-worthy low-income country
governments
Solutions in private sector development
IBRD
InternationalBank for
Reconstruction and
Development
IDA
International Development Association
IFC
International Finance
Corporation
MIGA
Multilateral Investment Guarantee
Agency
ICSID
International Centre for
Settlement of Investment
Disputes
IFC IS A MEMBER OF THE WORLD BANK GROUP________
5
IFC HAS A FOUR-PART STRATEGY TO SUPPORTGREEN BUILDING GROWTH
________
Further Resource About EDGE
6
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
7
7
Super efficient
new hotels
Deep retrofits
for portfolio
Clean energy
Carbon neutrality
PATH TO CARBON NEUTRALITY FOR THE TOURISM INDUSTRY
AGGREGATOR MODEL
LARGE BANKS INVEST VIA LOCAL FINANCIAL
INSTITUTIONS
VIA CAPITAL MARKETS
FINANCIAL PATHWAYSTECHNICAL PATHWAYS
DIRECT INVESTMENT
8
UNDERSTANDINGGREEN BUILDINGS
________
9
9
DEFINITION OF A GREEN BUILDING________
20202020
CERTIFIABLY GREENAS VERIFIED BY
AN INDEPENDENTTHIRD PARTY
BETTERPERFORMANCE
THAN THELOCAL BASELINE
amp 20
QUANTIFIED IMPACT REPORTING
amp
10
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
REVENUE COSTSPROFITS
RETURN TO lsquoNEW AND BETTER NORMALrsquo POST COVID-193
TOPICS COVERED________
4
1 IFCrsquos offer for green buildings
2 Green building definitions
3 Business case for sustainable hotels
4 Green financing mechanisms
5 Case studies
6 QampA
Conciliation and arbitration of investment disputes
Guarantees of foreign direct
investmentrsquos non-commercial risks
Interest-free loans and grants to governments
of poorestcountries
Loans to middle-income
and credit-worthy low-income country
governments
Solutions in private sector development
IBRD
InternationalBank for
Reconstruction and
Development
IDA
International Development Association
IFC
International Finance
Corporation
MIGA
Multilateral Investment Guarantee
Agency
ICSID
International Centre for
Settlement of Investment
Disputes
IFC IS A MEMBER OF THE WORLD BANK GROUP________
5
IFC HAS A FOUR-PART STRATEGY TO SUPPORTGREEN BUILDING GROWTH
________
Further Resource About EDGE
6
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
7
7
Super efficient
new hotels
Deep retrofits
for portfolio
Clean energy
Carbon neutrality
PATH TO CARBON NEUTRALITY FOR THE TOURISM INDUSTRY
AGGREGATOR MODEL
LARGE BANKS INVEST VIA LOCAL FINANCIAL
INSTITUTIONS
VIA CAPITAL MARKETS
FINANCIAL PATHWAYSTECHNICAL PATHWAYS
DIRECT INVESTMENT
8
UNDERSTANDINGGREEN BUILDINGS
________
9
9
DEFINITION OF A GREEN BUILDING________
20202020
CERTIFIABLY GREENAS VERIFIED BY
AN INDEPENDENTTHIRD PARTY
BETTERPERFORMANCE
THAN THELOCAL BASELINE
amp 20
QUANTIFIED IMPACT REPORTING
amp
10
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
TOPICS COVERED________
4
1 IFCrsquos offer for green buildings
2 Green building definitions
3 Business case for sustainable hotels
4 Green financing mechanisms
5 Case studies
6 QampA
Conciliation and arbitration of investment disputes
Guarantees of foreign direct
investmentrsquos non-commercial risks
Interest-free loans and grants to governments
of poorestcountries
Loans to middle-income
and credit-worthy low-income country
governments
Solutions in private sector development
IBRD
InternationalBank for
Reconstruction and
Development
IDA
International Development Association
IFC
International Finance
Corporation
MIGA
Multilateral Investment Guarantee
Agency
ICSID
International Centre for
Settlement of Investment
Disputes
IFC IS A MEMBER OF THE WORLD BANK GROUP________
5
IFC HAS A FOUR-PART STRATEGY TO SUPPORTGREEN BUILDING GROWTH
________
Further Resource About EDGE
6
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
7
7
Super efficient
new hotels
Deep retrofits
for portfolio
Clean energy
Carbon neutrality
PATH TO CARBON NEUTRALITY FOR THE TOURISM INDUSTRY
AGGREGATOR MODEL
LARGE BANKS INVEST VIA LOCAL FINANCIAL
INSTITUTIONS
VIA CAPITAL MARKETS
FINANCIAL PATHWAYSTECHNICAL PATHWAYS
DIRECT INVESTMENT
8
UNDERSTANDINGGREEN BUILDINGS
________
9
9
DEFINITION OF A GREEN BUILDING________
20202020
CERTIFIABLY GREENAS VERIFIED BY
AN INDEPENDENTTHIRD PARTY
BETTERPERFORMANCE
THAN THELOCAL BASELINE
amp 20
QUANTIFIED IMPACT REPORTING
amp
10
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
Conciliation and arbitration of investment disputes
Guarantees of foreign direct
investmentrsquos non-commercial risks
Interest-free loans and grants to governments
of poorestcountries
Loans to middle-income
and credit-worthy low-income country
governments
Solutions in private sector development
IBRD
InternationalBank for
Reconstruction and
Development
IDA
International Development Association
IFC
International Finance
Corporation
MIGA
Multilateral Investment Guarantee
Agency
ICSID
International Centre for
Settlement of Investment
Disputes
IFC IS A MEMBER OF THE WORLD BANK GROUP________
5
IFC HAS A FOUR-PART STRATEGY TO SUPPORTGREEN BUILDING GROWTH
________
Further Resource About EDGE
6
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
7
7
Super efficient
new hotels
Deep retrofits
for portfolio
Clean energy
Carbon neutrality
PATH TO CARBON NEUTRALITY FOR THE TOURISM INDUSTRY
AGGREGATOR MODEL
LARGE BANKS INVEST VIA LOCAL FINANCIAL
INSTITUTIONS
VIA CAPITAL MARKETS
FINANCIAL PATHWAYSTECHNICAL PATHWAYS
DIRECT INVESTMENT
8
UNDERSTANDINGGREEN BUILDINGS
________
9
9
DEFINITION OF A GREEN BUILDING________
20202020
CERTIFIABLY GREENAS VERIFIED BY
AN INDEPENDENTTHIRD PARTY
BETTERPERFORMANCE
THAN THELOCAL BASELINE
amp 20
QUANTIFIED IMPACT REPORTING
amp
10
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
IFC HAS A FOUR-PART STRATEGY TO SUPPORTGREEN BUILDING GROWTH
________
Further Resource About EDGE
6
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
7
7
Super efficient
new hotels
Deep retrofits
for portfolio
Clean energy
Carbon neutrality
PATH TO CARBON NEUTRALITY FOR THE TOURISM INDUSTRY
AGGREGATOR MODEL
LARGE BANKS INVEST VIA LOCAL FINANCIAL
INSTITUTIONS
VIA CAPITAL MARKETS
FINANCIAL PATHWAYSTECHNICAL PATHWAYS
DIRECT INVESTMENT
8
UNDERSTANDINGGREEN BUILDINGS
________
9
9
DEFINITION OF A GREEN BUILDING________
20202020
CERTIFIABLY GREENAS VERIFIED BY
AN INDEPENDENTTHIRD PARTY
BETTERPERFORMANCE
THAN THELOCAL BASELINE
amp 20
QUANTIFIED IMPACT REPORTING
amp
10
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
7
7
Super efficient
new hotels
Deep retrofits
for portfolio
Clean energy
Carbon neutrality
PATH TO CARBON NEUTRALITY FOR THE TOURISM INDUSTRY
AGGREGATOR MODEL
LARGE BANKS INVEST VIA LOCAL FINANCIAL
INSTITUTIONS
VIA CAPITAL MARKETS
FINANCIAL PATHWAYSTECHNICAL PATHWAYS
DIRECT INVESTMENT
8
UNDERSTANDINGGREEN BUILDINGS
________
9
9
DEFINITION OF A GREEN BUILDING________
20202020
CERTIFIABLY GREENAS VERIFIED BY
AN INDEPENDENTTHIRD PARTY
BETTERPERFORMANCE
THAN THELOCAL BASELINE
amp 20
QUANTIFIED IMPACT REPORTING
amp
10
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
Super efficient
new hotels
Deep retrofits
for portfolio
Clean energy
Carbon neutrality
PATH TO CARBON NEUTRALITY FOR THE TOURISM INDUSTRY
AGGREGATOR MODEL
LARGE BANKS INVEST VIA LOCAL FINANCIAL
INSTITUTIONS
VIA CAPITAL MARKETS
FINANCIAL PATHWAYSTECHNICAL PATHWAYS
DIRECT INVESTMENT
8
UNDERSTANDINGGREEN BUILDINGS
________
9
9
DEFINITION OF A GREEN BUILDING________
20202020
CERTIFIABLY GREENAS VERIFIED BY
AN INDEPENDENTTHIRD PARTY
BETTERPERFORMANCE
THAN THELOCAL BASELINE
amp 20
QUANTIFIED IMPACT REPORTING
amp
10
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
UNDERSTANDINGGREEN BUILDINGS
________
9
9
DEFINITION OF A GREEN BUILDING________
20202020
CERTIFIABLY GREENAS VERIFIED BY
AN INDEPENDENTTHIRD PARTY
BETTERPERFORMANCE
THAN THELOCAL BASELINE
amp 20
QUANTIFIED IMPACT REPORTING
amp
10
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
DEFINITION OF A GREEN BUILDING________
20202020
CERTIFIABLY GREENAS VERIFIED BY
AN INDEPENDENTTHIRD PARTY
BETTERPERFORMANCE
THAN THELOCAL BASELINE
amp 20
QUANTIFIED IMPACT REPORTING
amp
10
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
INTERNATIONAL GREEN FINANCE STANDARDS FOR GREEN BUILDINGS________
bull Used by property developers and investors to obtain data on the performance of their investments
bull EDGE can be used completing the Real Estate Assessment or the Developer Assessment
bull ICMA releases the Green Bond Principles as well as guidelines for green buildings
bull EDGE is listed as an accepted certification standard (See Section E Certification Standards)
bull CBI releases standards for green bonds funding residential or commercial buildings
bull EDGE is included as a qualifying certification system
bull Global disclosure system for investors companiescities states and regions to manage environmental impacts
bull Protocol for reporting to CDP using EDGE is forthcoming following joint webinar
11
11
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
bullKenyarsquos 1st green bond for 5 billion shilling (~$50 million) with structuring by Stanbic Bank
bullUse of proceeds for new student accommodations that are EDGE certified
bullEDGE preliminary and post-construction certificate ensure green standard
bullEDGE provides reporting in line with ICMA standards
bullGovernment now made interest from green bonds tax exempt
CASE STUDY ACORN USED GREEN BUILDING DEFINITION TO LAUNCH KENYArsquoS FIRST GREEN BOND
12
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
CASE STUDY HSBC INVESTS $130 MILLION IN A GREEN LOAN WITH INDOSPACE FOR REFINANCE OF EDGE-CERTIFIED WAREHOUSES
bullGreen loans are a sister instrument to green bonds an internationally accepted green mechanism
bullHSBC invested $130 million into IndoSpace for a re-finance of a portfolio of EDGE-certified warehouses
bullHSBCrsquos green framework was audited by CICERO a leading provider of 2nd opinion in green finance
Further Resource IndoSpace Press Release
13
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
EDGE ALLOWS SELF-ASSESSMENT AGAINST INTERNATIONAL STANDARDS________
20
① FREE SOFTWARE ② ACHIEVABLE STANDARD ③ VERIFIED GREEN LABEL
Further Resource EDGE Software Demo
14
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
BUSINESS CASE FOR SUSTAINABLE HOTELS
________
15
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
Further Resource Business Case for Sustainable Hotels
16
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
UTILITY BILLS ARE A LARGE PERCENTAGE OF OPERATING COST OF HOTELS________
Further Resource Business Case for Sustainable Hotels
17
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
ROI ON MEASURES NEEDED TO REACH 20 EFFICIENCY FOR NEW HOTELS
Incremental Cost
Utility Savings month
Payback Period in Years
Angola $142055 $34745 03
Costa Rica $127700 $10000 11
Indonesia $74500 $9300 07
Peru $53000 $14000 03
Philippines $27700 $22000 01
South Africa $170000 $14110 1
Sri Lanka $152800 $13200 1
Turkey $85000 $12300 06
Thailand $35000 $4800 06
Further resource Business Case for Sustainable Hotels
Sampling of global results with information for more than 30 countries available from httpswwwedgebuildingscommarketingresearch
18
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
CASE STUDY MARRIOT HOTEL IN VERACRUZ MEXICO IDENTIFIED $87000 PER YEAR IN UTILITY SAVINGS
bull Hotel identified tremendous savings through sensible approaches with no incremental costs
bull Technical measures included efficient lighting HVAC and plumbing
bull Utility reduction resulted in $87000 savings per year
Further Resource Business Case for Sustainable Hotels
19
19
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
CASE STUDY HOST HOTELS FOUND $40 MILLION ROI FROM WATER AND ENERGY SAVING PROJECTS ACROSS EXISTING PORTFOLIO
bull One of the larges hotel owners and REITs with ~100 properties
bull Implemented a range of water and energy measures including on-site wastewater recycling laundry system for 70 water reduction
bull Numerous awards for effort
Further Resource Business Case for Sustainable Hotels
20
20
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
ROI ON RETROFIT MEASURES
Improvement for Payback Period (years)
Lighting 2
HVAC and building systems 4
Rooftop solar system 47
Building controls 27
Refrigeration 18
Further resource Business Case for Sustainable Hotels
21
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
CONSUMERS AND BUSINESSES ARE LOOKING FOR CERTIFIED GREEN HOTELS
bull Certified hotels show higher ADR and RevPAR over non-certified properties
bull Study by TUI Group found 1 in 10 travelers book a sustainable room but over half would if they had better labeling
bull 53 of North American-based companies have corporate sustainability programs that affect their contract decisions with suppliers
Further Resource Business Case for Sustainable Hotels
22
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
IFC WILL EXTEND MARKETING SUPPORT TO YOU AND YOUR CLIENTS
Further resource EDGE Marketing Toolkit
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
SUSTAINABILITY IS A SOLID INVESTMENT STRATEGY
Further Resource Business Case for Sustainable Hotels
24
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
BANKS ARE PROVIDING INCENTIVES TO CATALYZE THE MARKET
Further Resource EDGE Banking Pages
100 coverage of EDGE technical fees
global reach
Lower loan pricing for green construction amp mortgages Colombia
Lower pricing for green construction amp 50 off certification Colombia
Lower interest rate longer tenor amp grace
period Costa Rica
10 refund of insurance premium Colombia
Technical assistance amp free certification
Ecuador
25
05 lower interest rate significantly longer tenor free technical assistance
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
CASE STUDY SONEVA FUSHI IN MALDIVES INSTALLED SOLAR AT NO COST
bull Hotel partnered with Yingli Solar to buy power from solar panels installed on their rooftops
bull Through PPA with Yingli Soneva had no initial costs but purchases power 40 cheaper than diesel generators
Further Resource Business Case for Sustainable Hotels
Benefits of on-site solar panels 1 Decreasing installation costs2 PPA structuring with no CapEx costs3 Price security4 Supply security
26
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
FINANCING MECHANISMS________
27
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
MARKET CREATION
ADVICE
INVESTMENT
IFCrsquoS OFFER FOR GREEN BUILDINGS________
Long-term loans warehousing facilities guarantees and risk-sharing
facilities structured finance green bonds
Support in identifying investment pipeline market intelligence training for loan
officers amp developers sustained technical advice CAFI Tool Green Mortgage Toolkit
Global and local marketing campaigns stakeholder education capacity
building technical guidance promotion of incentives
28
28
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
DIRECT INVESTMENT________
GLOBAL OR REGIONAL BANKS
HOTELS PROJECT SPONSOR
LOCAL FINANCIAL INSTITUTIONS
29
Training on launching green real estate program direct
investment by IFC
Self assessment to identify green
measures list of projects to bank
Reporting on impacts technical
assistance agreement
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
VIA LOCAL FINANCIAL INSTITUTIONS________
DFIS INSTITUTIONAL INVESTORS
HOTELS CERTIFICATION AS COMPLIANCE
LOCAL FINANCIAL INSTITUTION
CORPORATE REQUIREMENTS FROM BRANDS
CENTRAL BANK
Credit lines risk sharing advisory
assistance
Training on launching green
real estate program
Self assessment to identify green
measures list of projects to bank
Certificate serves as compliance
mechanism for all stakeholders
30
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
MULTIPLE PROJECTS AGGREGATIONSAVINGS PAY FOR
UPGRADES
AGGREGATOR MODEL FOR REFURBISHMENTS________
GLOBAL OR REGIONAL BANKS
DFIS INSTITUTIONAL INVESTORS
Self assessment to identify green
measures
Collaboration with IFC on platform
set up
Certificate serves as compliance
mechanism for all stakeholders
Direct investment syndication
31
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
ISSUE GREEN BONDCERTIFY RESULTS amp
COMPLIANCENEW PROJECTS
REFINANCE REFURB
VIA CAPITAL MARKETS________
BUYERS OF GREEN BOND
32
Education about green buildings
opportunity
Advisory to set up green finance
framework
Self assessment for standard impact
reporting
Pre-approved for use of proceeds green finance
criteria
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
NEXT STEPS AND CALL TO ACTION
bull Attend June 18 session for governments and
June 25 training on EDGE
bull Receive technical training for staff or consultants
bull Hire consultants already accredited by IFC
bull Utilize marketing materials
bull Utilize case studies for proof-of-concept
bull Find banking incentives or government incentives
bull Work with IFC on regional platforms and investment
33
33
wwwedgebuildingscom
wwwedgebuildingscom