Forbes International Tower in Egypt targets net-zero carbon emissions by 2030
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Egypt's planned Forbes International Tower in the New Capital Central Business District is targeting net-zero carbon emissions by 2030 and LEED Platinum certification, with the Ministry of Local Development and Environment reviewing sustainability plans for the development.
The planned Forbes International Tower in Egypt's New Capital is targeting net-zero carbon emissions by 2030 and LEED Platinum green-building certification, according to the Ministry of Local Development and Environment.
Local Development and Environment Minister Manal Awad discussed the project during a meeting with Forbes Global Group CEO Michael Gilbert and Magnum Properties CEO Maged Marie to review environmental requirements and sustainability plans for the development.
The tower is being positioned as a model for future buildings combining architectural innovation, smart infrastructure, clean energy and resource-efficient operations in the New Capital's Central Business District.
Discussions covered energy and water efficiency, emissions reduction, resource management and environmental standards throughout the construction and operational phases, with the project also exploring resource-efficient solutions involving clean hydrogen.
Minister Awad said the project should address sustainability beyond energy consumption and carbon emissions, including more efficient use of water and other resources and the adoption of innovative technologies in its design, construction and operation.
Forbes Global Group CEO Michael Gilbert said the project could provide a platform to highlight Egypt's investment opportunities internationally, particularly in sustainable real estate developments.