Egyptian developer Tatweer Misr plans participate in COP28 in Dubai, where it will outline its latest efforts to meet sustainability goals, Invest-Gate reports.
Taking place between 30 November and 12 December in Expo City Dubai, COP28 provides a forum for Tatweer Misr to engage partners by sharing its vision for greener construction.
As Egypt’s first real estate firm to adopt UN sustainable development objectives, Tatweer Misr has implemented solutions in its East and West Cairo, Red Sea and Mediterranean projects to cut energy and water use in line with Vision 2030.
Less than 10 years on, it has established infrastructure like water treatment and desalination and uses smart meters and fibre optics to rationalize consumption by up to 50%. This slashes customer bills by 30-40% while curbing the cost of living.
Tatweer Misr targets a 42% reduction in carbon emissions over the next decade, supporting Egypt’s climate efforts. It aims for net zero by 2050 through renewable expansion and more certificates that boost efficiency.
By returning to COP28, the developer will update on the progress of integrating sustainability standards across its portfolio.