IFC innovation expected to enhance climate resilience of buildings in Vietnam

International Finance Corporation (IFC) on Thursday introduced its innovation called the Building Resilience Index (BRI) in Vietnam in a bid to help local developers improve the resilience of buildings in the Southeast Asian country. The IFC innovation makes it easy for developers, locators, homebuyers, and other stakeholders to assess, improve, and disclose the resilience of buildings. With support from the Australian government, the BRI program in Vietnam has identified and integrated the country's hazard maps into the BRI app. The IFC innovation makes it easy for developers, locators, homebuyers, and other stakeholders to assess, improve, and disclose the resilience of buildings. Within a year and a half, 1.8 million square meters of gross floor area have been committed to being assessed by BRI for improved climate resilience.