Business Extra: Climate Edition – Building sustainable cities



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.

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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7pm: Wathba Stallions Cup for Private Owners Handicap (PA) Dh 70,000 1,400m | Winner: Hawafez, Connor Beasley, Ridha ben Attia

7.30pm: Handicap (PA) Dh 80,000 1,600m | Winner: Qader, Richard Mullen, Jean de Roaulle

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Business Insights
  • Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
  • The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
  • US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
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Updated: December 13, 2023, 2:00 AM

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