With plans for a carbon neutral city, the attention of an increasingly environmentally conscious world has turned to Abu Dhabi as UAE capital bids to establish a global lead in sustainable development, says an industry expert.
“The immediate focus in Masdar City – a zero-carbon, zero-waste, renewable energy powered and car-free environment which is part of Abu Dhabi’s $15 billion Masdar Initiative,” said Riad Mannan, Director of the Cityscape Abu Dhabi Sustainable Development Conference.
“The threat of global warming is concentrating minds on the way we live and work,” he adds.
The conference will focus on leading real estate developers, designers, architects and contractors who will discuss finding new ways to design and build sustainable buildings. The conference takes place at the second Cityscape Abu Dhabi – the International Property Investment Show – at the Abu Dhabi National Exhibition Centre from May 13-15.
Cityscape Abu Dhabi, launched last year with the support of key government agencies, surpassed all expectations. This year the event is expected to attract more than 25,000 visitors from over 100 counties with more than 300 exhibitors showcasing projects from over 50 different counties.
Masdar CEO Dr. Sultan Al Jaber, a key speaker at the conference, says that the zero-carbon city will be “a living example of sustainable development” which will position Abu Dhabi at the forefront of new energy utilization. “Today, as global demand for energy continues to expand and as climate change becomes a real and growing concern, the time has come to look to the future,” Al Jaber says.
As a further sign of its leading role in sustainable development, Abu Dhabi has signed a two-year agreement with the global conservation organization WWF to help monitor the emirate’s ecological footprint and develop strategies to reduce it to a suitable level.
A parallel conference on Real Estate Finance and Investment will also bring together leading investors, property developers, bakers, fund groups and all those ultimately interested in the real estate property market in the region.
CITYSCAPE ABU DHABI
■ Platinum sponsors of Cityscape Abu Dhabi include Mubadala, Aldar Properties, Sorouh, Escan, The Land Holding Company and Al Qudra Real Estate. Dubai World Central, Tameer and Saudi Oger have taken Gold sponsorship and the Silver sponsorship is Future Brand and DAS Holding. The Associate sponsor this year is The Department of Municipal Affairs, Emirate of Abu Dhabi.
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