The Abu Dhabi Department of Energy will be moving into one of Masdar City’s net-zero buildings by the end of 2024, which shows the commitment to energy transition and a net-zero economy by 2050.
Masdar City’s director of growth Steve Severance told Business Extra host Cody Combs on the sidelines of the Cop28 climate summit that city aims to be the world’s largest collection of net-zero buildings.
Mr Severance also talked about how Masdar City has become a model for urban development, as well as the vital role of sustainable growth in the broader context of Cop28.
During the interview, he also pointed how Abu Dhabi has become a real player in artificial intelligence projects in terms of research and implementation.
The Bio
Favourite place in UAE: Al Rams pearling village
What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft
Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans
Best time to swim in the sea: When there is enough light to see beneath the surface
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RedCrow Intelligence Company Profile
Started: 2016
Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel
Based: Ramallah, Palestine
Sector: Technology, Security
# of staff: 13
Investment: $745,000
Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors
The specs: 2019 Mercedes-Benz GLE
Price, base / as tested Dh274,000 (estimate)
Engine 3.0-litre inline six-cylinder
Gearbox Nine-speed automatic
Power 245hp @ 4,200rpm
Torque 500Nm @ 1,600rpm
Fuel economy, combined 6.4L / 100km
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