Transactions - JANUARY 12, 2022

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Paladin Realty certifies world’s first zero-carbon project under IFC’s ‘EDGE’ Program

by Released

Paladin Realty Partners has certified the world’s first zero-carbon residential project under the International Finance Corporation’s (IFC) Excellence in Design for Greater Efficiencies (EDGE) program.

The project, Villas del Fresno, consists of 1,639 low-income homes in the greater metropolitan area of Mexico City and was previously certified by EDGE in 2018 as the largest residential project in the Western Hemisphere to achieve greater than a 20 percent savings in water, energy and embodied energy in materials. The project’s first 100 units, which had already reached the EDGE Advanced minimum of 40 percent energy savings, were certified as EDGE Zero Carbon, as carbon credits were purchased to offset the units’ remaining carbon footprint for the next two years.

“Paladin is very proud to announce the zero-carbon certification of Villas del Fresno,” said Randall Loker, CIO and chair of the ESG committee at Paladin Realty. “Alongside our local partners, we

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