Indonesia, the world's fourth most populous country, is also third-largest emitter of greenhouse gases. Its capital and largest city, Jakarta, with a population of more than 9 million and rising growth and urbanization, faces a huge demand for additional commercial and residential buildings.
In response, investment climate teams of the World Bank Group are working with the Jakarta government to help develop the country's first green-building code. The project, implemented by IFC Advisory Services in Indonesia, is introducing a regulation that will set the energy and water efficiency requirements for buildings and will require climate change adaption practices to be included in building designs.
Implementation of the code is expected to reduce energy consumption in large commercial and high-rise residential buildings, potentially cutting around 2.7 million tons of carbon dioxide per year by 2020. This is equivalent to carbon captured annually by 60 million grown trees. Learn more at http://on.ifc.org/Jmpikg