#Bluetech week series#

вЂњWith the complex changes facing coastal cities, we need a new vision where it is possible for people, nature and technology to co-exist,вЂќ added Busan Mayor Park Heong-joon. вЂњWe look forward to developing climate adaptation and nature-based solutions through the floating city concept, and Busan is the ideal choice to deploy the prototype.вЂќ Instead of fighting with water, let us learn to live in harmony with it,вЂќ said Maimunah Mohd Sharif, executive director of UN-Habitat, in a statement. вЂњSustainable floating cities are a part of the arsenal of climate adaptation strategies available to us. She also said that OCEANIX is in talks with вЂњat leastвЂќ 10 other global governments to build floating cities. Per UN-Habitat, OCEANIX has committed to executing the Busan prototype on a вЂњhyper-local levelвЂќ while taking into consideration the вЂњrich social, economic, political and cultural uniqueness of Korea as the host country.вЂќ Speaking to Business Insider, Madamombe elaborated that a refined prototype, created in close collaboration with South Korean firms with expertise in major maritime projects, will be presented at a UN roundtable event next April from there, the team will begin engineering the floating platforms and securing construction permits. The anticipated cost to realize the prototype, described by UN-Habitat as вЂњa flood-proof infrastructure that rises with the sea and produces its own food, energy and fresh water with fully integrated zero waste closed-loop systems,вЂќ is $200 million, although that figure is likely to balloon. However, multiple media outlets have reported an anticipated 2025 completion date and that work will likely begin next year.

#Bluetech week series#

In its press release announcing the agreement, UN-Habitat didnвЂ™t provide a clear construction timeline for the ambitious, amphibious settlement that could house up to 10,000 people, who will take up residence on a series of hexagon-shaped modular floating platforms divvied into a half-dozen interlinked offshore вЂњvillagesвЂќ impervious to rising seas and capable of withstanding major tropical storms. Located on the southeastern tip of the Korean Peninsula, Busan is South KoreaвЂ™s second-most populous city with 3.4 million residents and is home to the fifth-largest container port in the world. TMA BlueTech also embraces the idea of AquaOptimismв„ў вЂ“ to think positively about the future of our water systems and provide forward thinking solutions to the current problems.On November 18, The Busan Metropolitan City of the Republic of Korea, the Nairobi-headquartered United Nations Human Settlements Programme ( UN-Habitat), and OCEANIX, a New York-based bluetech firm co-founded in 2018 by Itai Madamombe and Marc Collins Chen, announced the signing of a вЂњhistoric agreementвЂќ to build a prototype natatory district within BusanвЂ™s bustling deep harbor. It is a plan of action for people, planet and prosperity.

The UN 2030 Agenda for Sustainable Development was adopted in 2015 with 17 global Sustainable Development Goals (SDGs).

The 2021 Bluetech week will be a virtual event this, encompassing part of what Bluetech is all about. The event brings together hundreds of international leaders that strive for collective thinking and continuous innovation. Join us for Bluetech Week as we focus on companies, and the people behind these companies, that are creating a sustainable вЂњBlue EconomyвЂќ. Bluetech Week 2021 is November 15-19th, 2021