Green Business Certification Inc. (GBCI) will administer certifications for commercial and multifamily projects pursuing the Investor Confidence Project’s (ICP) Investor Ready Energy Efficiency (IREE) certification.
Energy efficiency projects often face challenges because they are not prepared or packaged consistently, making it difficult to compare potential projects for investment decisions and track results. The IREE program is designed to increase confidence in the performance of building retrofits by providing a methodology to derive predicted energy and financial savings for building owners and investors.
ICP applies a standard method for engineering, documenting, evaluating, and implementing projects. The IREE certification system provides a roadmap to help projects and investors reduce transaction costs and engineering overhead through industry-accepted best practices.
ICP certification training is now available and provides the basic knowledge of ICP methodology, protocols and tools, and outlines how to develop projects to obtain IREE certification, according to a news release by GBCI and the Environmental Defense Fund.
Related Stories
Codes and Standards | Feb 14, 2019
ISO publishes first global BIM standards
Based on British standard and a publicly available standard.
Codes and Standards | Feb 12, 2019
Property technology adoption accelerates in commercial real estate industry
New business models create disintermediation.
Codes and Standards | Feb 11, 2019
Investing in downtowns pays off for cities, regions
Benefits include driving tax revenue, business activity, and smart development.
Codes and Standards | Feb 8, 2019
Oslo, Norway’s downtown goes virtually car-free
Parking spots converted to bike lanes, transit is fast and easy.
Codes and Standards | Feb 7, 2019
New North Carolina energy code has extensive lighting control requirements
Includes automatic shut offs for buildings of all sizes.
Codes and Standards | Feb 6, 2019
Solar carports can help with California’s Title 24 mandates
Can be combined with virtual net-metering software and tax-enabled financing.
Codes and Standards | Feb 5, 2019
Milwaukee board approves rezoning for Western Hemisphere’s tallest mass timber building
Mixed-use tower would rise 21 stories high.
Codes and Standards | Feb 1, 2019
Mass. governor proposes real estate transfer fee hike for climate resiliency projects
Opposed by real estate and trade groups, plan could generate $1 billion in next decade.
Codes and Standards | Jan 31, 2019
New York City will reform construction bid process
Streamlined process intended to improve efficiency, reduce hassle for bidders.
Codes and Standards | Jan 30, 2019
New AGC program aims to diversify construction workforce
More diversity needed to keep pace with demand for workers.
