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Posted: 06 Feb 2011 | 1:50 pm
Thailand and in larger term Asia's astronomical growth spurt is set to strain both environmental impact and energy consumption in the region.
Questions loom in the property sector over how to measure the impact on property and real estate in valuation terms.
While the LEED based accreditation is continuing to garner much publicity, it has yet to take a foothold in practical board market terms.
For institutional investors and developers there continues to be a largely gray area of thinking over what value a sustainable project adds to their bottom line.
While much of the rest of the world has seen innovative financial opportunities through government incentives and programs such as carbon credits, Asia still continues to be up in the air over the benefits of cashing in by turning green.
Starwood Capital's eco chain brand
http://www.1hotels.com
Singapore flashpacking budget sleep
http://www.winkhostel.com
Top Manila travel and food blog
http://www.ourawesomeplanet.com
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
Down in the Island of the Gods Linda Garland, who's Ubud estate was featured in the sloppy Hollywood movie Eat Pray Love set up the Environmental Bamboo Foundation in 1993.
Yoga Barn Grows Green Footprint
Ubud's classic Yoga Barn retreat had expanded facilities with the opening of a new wing, which was entirely constructed from recycled materials.
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