Dubai-headquartered URB announced on Monday the launch of the world’s first-of-its-kind incubator for sustainable cities in the emirate.
The firm, based in Dubai Design District, said in a press statement that the Research and Development (R&D) programme will focus entirely on developing new solutions for the next generation of sustainable cities across the world.
URB's CEO Baharash Bagherian said: "The incubator will be more than a research platform. It will allow us to transfer our sustainability know-how whilst engaging with the best minds in the world, to create an innovation hub centred around sustainable cities.”
The United Nations projects that there will be 41 mega-cities, with populations of more than 10 million people, by 2030.
(Writing by D Madhura; Editing by Anoop Menon)