Thailand’s real estate developers are increasingly taking on hues of green, as a traditionally conservative industry begins to embrace eco-friendly practices. The impetus seems to be coming largely from changing public opinion about environmental footprints, carbon emissions, and global climate change. What are Thailand’s developers doing, exactly? And what kinds of consumers are attracted to green initiatives?
The shift among developers in Thailand appears to represent a microcosm of a larger regional trend. At a recent building conference in Hong Kong devoted to environmentally-friendly practices, participants discussed ways that the building industry might embrace green spaces and sustainable development. "It’s a matter of urgency that the ways in which buildings are built and used are reviewed as part of the solution to global warming, because buildings consume so much energy,” said Angela Tam, who has written about sustainable development. “It makes sense for the industry as well as the community.
