Portland, Ore. – April 10, 2025 – The Green Building Initiative (GBI) announces the inclusion of both Green Globes® and Green Globes Journey to Net Zero™ certification systems in PACE Equity’s CIRRUS C-PACE program. Projects achieving Green Globes for New Construction certification or Green Globes Journey to Net Zero Recognized or Certified status for new, major renovations, or addition projects are automatically eligible for reduced cost financing capital that rewards building efficiency and carbon impact.
“GBI is excited to work alongside PACE Equity to help property owners reduce their carbon footprint and increase energy efficiency,” said Vicki Worden, GBI President & CEO. “Green Globes and Green Globes Journey to Net Zero programs demonstrate accountability and can unlock critical lower cost capital to support projects that are focused on improving the sustainability of the built environment.”
“This collaboration between PACE Equity and GBI means the developers of Green Globes and Journey to Net Zero buildings have an advantage. They can combine the benefits of building sustainably with the benefits of smart financing. Together these benefits substantially impact project returns,” said Beau Engman, president and founder of PACE Equity.
Green Globes is a science- and consensus-based comprehensive certification system that evaluates the sustainability, health, and resilience of commercial real estate. Green Globes Journey to Net Zero empowers all commercial real estate owners to evaluate current site Energy Use Intensity (EUI) and/or carbon emissions (CO2e) and implement impactful change. The assessment processes of both programs are educational and transparent throughout. Project teams are supported by best-in-class service from GBI Project Managers and Green Globes Assessors (GGA) and receive a final report that serves as a roadmap for future improvement.
To date, GBI has certified over 800 million square feet of commercial real estate, working with project teams to guide design, provide timely feedback, and assess operational performance. By including Green Globes and Green Globes Journey to Net Zero third-party certifications, PACE Equity is empowering clients with additional resources to meet their sustainability goals and improve asset value.
For more information, please visit PACE Equity Green Buildings page.