News DeskDubai, UAE – In preparation for the upcoming COP28 Summit in the UAE, the Future Sustainability Summit, organized by the Dubai International Financial Centre (DIFC), is poised to become a pivotal event for global sustainability leaders, innovators, and investors. The summit aims to assess emerging technologies and innovations driving sustainable urban development in the region.
The global construction industry, a significant contributor to greenhouse gas emissions, is responsible for 39 percent of global energy-related carbon emissions, primarily from buildings. To address this issue and combat the climate crisis, there is a pressing need to develop energy-efficient and net-zero buildings.
Fortunately, the regional real estate sector is undergoing a transformative change with accelerated adoption of sustainable solutions, supported by the financial sector’s alignment with net-zero goals. This alignment is fostering clean economic growth and job creation.
Participation in the Future Sustainability Summit by Magnom Properties and Forbes International Tower underscores their commitment to facilitating greater financial flows toward decarbonized, resilient, and equitable built environments.
The Forbes International Tower, a groundbreaking zero-carbon commercial tower, is leading the way in green design construction. Developed under the sustainable design vision of Adrian Smith + Gordon Gill Architecture (AS+GG Architecture), in partnership with Magnom Properties, this futuristic tower will provide innovative solutions to urban challenges in the UAE, Saudi Arabia, and Egypt.
Mainstreaming smart and sustainable climate solutions in the built environment is essential for accelerating the energy transition. The innovations offered by Forbes International Tower hold the promise of decarbonizing real estate in the MENA region, improving city livability, efficiency, and productivity while addressing urban challenges and enhancing economic growth.
Maged Marie, CEO of Magnom Properties, expressed enthusiasm for the partnership with the Future Sustainability Forum, emphasizing their commitment to driving innovation and transformative change within the real estate sector. The environmentally intelligent Forbes International Tower serves as a tangible example of how green building design and zero-emission standards can expedite the growth of smart cities and buildings in the region, aligning with the UN’s 2030 Agenda for Sustainable Development.
As the countdown to the COP28 summit begins, the Future Sustainability Forum highlights Dubai’s dedication to advancing the United Nations’ Sustainable Development Goals, reaffirming the collective commitment to a sustainable future.
