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A BUILDING sketch designed by New Zealand’s Gabrielle Bell Architect is an excellent example of a structure that maximizes the entry of sunlight but at the same time offers shade that shelters against the harsh heat of the sunDevelopers and home builders alike fear that the fight against climate change will cost millions, even billion of pesos. But they are  now giving way to a different view: green can be the color of money.

While it’s true that many eco-friendly improvements—like updating all your lighting fixtures to compact fluorescent lamps or using tinting or awnings or canopies to windows that face the sun’s direct heat—do require some initial capital, one should look beyond costs first.

“The perception is that going green is for the wealthy, rich and famous. On the contrary, going green is actually all about saving money and resources and that it’s important for developers and homeowners to realize that in a span of just a few years the initial investment could be recovered through faster lease-up rates, rental premiums and increased market valuation of the project,” said architect Edgardo Reformado, chair of the Green Architecture Advocacy Philippines or GreenAP.

Read more: When green means money

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Climate change and nuclear disarmament will be high on the agenda for United Nations Secretary-General, Ban Ki-Moon as he enters his second term of office.

In an exclusive interview with Channel NewsAsia in New York, Mr Ban said more needs to be done in the area of climate change, even as the issue finds its place at the top of the global agenda.

Read more: Much more needs to be done for climate change says UN Sec-Gen

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THE recent statement of the UN Security Council identifying the impacts of climate change as a threat to international peace and Security is most timely. Nothing can be more severe as a looming threat to humanity than the rapid climatic changes witnessed by the world today. Putting an end to the debate over climate change, the UN Security Council in a presidential statement declared at its meeting on climate change on July 20 that possible adverse effects of climate change may, in the long run, aggravate certain existing threats to international peace and security. Secretary-General of UN, Ban Ki-moon declared that climate change was an "unholy brew" that could create dangerous security vacuums, and that we must address a clear danger that not only exacerbated the threats but was itself a threat to international peace and security.

Read more: Climate change: Threat to international peace and security

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