Chile has the highest density of EDGE-certified projects per capita in South America, and the market keeps growing. BancoEstado, Banco de Chile, and Santander Chile offer the Hipoteca Verde with preferential rates for projects with recognized certification, and the Chilean Chamber of Construction (CChC) promotes efficiency standards that make certification increasingly central to the value proposition. The Energy Efficiency Law and DS 66 establish requirements that EDGE meets and exceeds. Corporate tenants in Santiago, especially in Las Condes and Vitacura, already require green-certified buildings as part of their sustainability reporting.
Initial assessment: We analyze the project design and identify the measures needed to achieve EDGE's required 20% savings, calibrated for the project's climate zone in Chile.
Registration and modeling: We create the project file in the EDGE platform and calculate the efficiency score for the specific location, accounting for the climate of Santiago, Valparaíso, Antofagasta, or any other Chilean city.
Technical audit: An IFC-accredited auditor validates compliance with EDGE criteria before construction and upon project completion.
Certification issued: The project receives the official EDGE seal, enabling access to the Hipoteca Verde and positioning it as a certified sustainable building in the Chilean market.
Registration with GBCI/IFC is a flat fee of USD 349 per project, plus a certification charge of approximately USD 0.22 per built m² (excluding parking areas), plus Leaf's consulting fee — the same structure applies in every country. The construction cost premium needed to reach the required 20% savings stays in the 0%–3% range of the budget. The design certificate is issued 4 to 8 weeks after registration; the as-built certificate, once construction is complete.
Chile has one of the most professionalized construction sectors in the region, which makes it easier to hit the timeline without extra costs from a lack of local suppliers.
Yes. Both BancoEstado and Banco de Chile and Santander Chile recognize EDGE certification as valid for accessing their Hipoteca Verde lines with preferential rates. This applies to both end-buyer mortgage credit and developer financing.
Yes. EDGE certifies a minimum 20% savings in energy, water, and materials, exceeding the minimum requirements set by DS 66 for new buildings. EDGE certification is recognized by Chile's Ministry of Energy and commercial banks.
Between 4 and 8 weeks from registration to the issuance of the design certificate. The final construction certification is issued once construction is complete.
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