Countries
Region
Latin America and the Caribbean
Climate Objective
Mitigation
Planning and Implementation Activity
Developing Strategies and Plans
Financing Implementation
Sectors and Themes
Infrastructure and Industry
Cities
Source
World Bank
Language
English
Case Summary
When it comes to green buildings, no market has seen a more remarkable transformation than Colombia. Between 2021 and 2022, 27 percent of new buildings in Colombia were certified green with EDGE, a building certification tool that enables investors and developers to calculate the cost of going green. As of December 2022, a cumulative 11.5 million square meters (roughly equivalent to $11.5 billion worth of floor space) of EDGE-certified green spaces had either been built or were under construction. Colombia owes the transformation of its construction sector in large part to strong government support and a strong local partner, the Colombian Chamber of Construction (CAMACOL).
Further Information
Year Published
2023