Following the trend of building "sustainable" urban areas in many countries such as Singapore, UK, China... Vietnam will have a pioneer urban area built according to the criteria of smart urban areas associated with the commitment to cut reduce emissions.

Mr. Julian Wyatt, CEO of Masterise Property Management welcomed the British Consulate at the signing ceremony between Masterise Homes and two British partners
According to United Nations estimates, 55% of the world's population currently live in urban areas and that number is expected to increase to 68% by 2050.
This leads to the natural habitat shrinking, biodiversity decline, water and air pollution, etc. Therefore, instead of clearly distinguishing between urban areas and biodiversity, it is necessary to integrate these factors. factors together and develop together in a sustainable way.
Project orientation towards the goal of “cutting emissions”
The modern city will be an ecosystem and related elements, including basic issues such as providing people with water and clean air, recycling wastewater, and using renewable energy such as: solar power, maximize the green space, public space, water surface space. To solve this problem well, it is necessary to intervene from the design stage.
In 2019, the UK Government announced that new construction must demonstrate a 10% increase in biodiversity, and the zero emissions requirement will be in place by 2023.
A number of cities around the world have also shown a commitment to tackling biodiversity loss, such as Singapore with a comprehensive "Garden Street" strategy.
Singapore plans to expand 300 hectares of park space by 2026, implementing a restoration plan for 100 species of plants and 60 species of animals, each just a 10-minute walk from the park.
In Vietnam, Prime Minister Pham Minh Chinh made an official statement at the Climate Summit held within the framework of COP26 at the end of November 2021 on efforts to achieve net zero emissions by 2050.
Up to now, although there is no common standard for construction works on emission reduction, some real estate developers have quickly oriented projects towards the goal of “cutting emissions”.
New downtown area "reduces emissions"

The partnership with Foster+Partners and Quimera Energy (QEE) is expected to bring the world's leading sustainability standard to The Global City, realizing the vision of becoming the new downtown of HCMC.
Recently, Masterise Homes – a real estate developer in Vietnam has signed a strategic cooperation agreement with Foster+Partners and Quimera Energy (QEE) to implement The Global City project.
According to information from investors, Global City is expected to be the "new downtown" of Ho Chi Minh City and is developed according to international sustainable standards, using solar energy technology, clean water management to save energy and resources.
At the same time, Artificial Intelligence (AI) and Internet of Things (IoT) technologies will be applied in traffic coordination and urban space management.
This is the first mega-urban project of Masterise Homes in Vietnam and also the first urban area in Vietnam with the participation in the design and construction of two British businesses that are leading the world in solutions. and sustainable technology.
In addition, this project is also well planned by many leading partners in the world such as WATG landscape designer, Tung Feng construction engineering and Artelia project supervisor...
Foster+Partners – the architectural consulting partner of The Global City, is a pioneer in the trend of sustainable urban design and development, with a statement of unwavering commitment towards the goals of the Paris Agreement. about climate change.
And QEE - a member of the United Nations Environment Program branch - a high-tech engineering company specializing in consulting smart building solutions (based in London) will design, install, operate, maintain Maintain The Gobal City's efficient resource and energy allocation system, consuming minimal amount of energy, to reduce costs and carbon emissions for buildings.
Mr. Toby Blunt, senior partner of Foster + Partners shared: “For The Global City as well as any project in the portfolio, we always aim to design sustainable buildings first. impacts of climate change, creating parallel development of urban areas and improving living standards for residents.
So, on the one hand, our architects preserve traditional and historical values in modern design, on the other hand, apply sustainable methodologies to help us better understand the impact of the project. environment and provide tools to reduce carbon emissions.”

Congressman Graham Stuart,
Assessing the prospects of Global City, Congressman Graham Stuart – Prime Minister's Trade Envoy British Prime Minister in Vietnam, Cambodia and Laos shared at the signing ceremony between Masterises Homes and two British partners: “I think The Global City is becoming a model and standard of sustainability for other developers in Vietnam. Vietnam and in the region.
Masterise Homes is looking to the distant future and is aiming for net zero emissions by 2050. In that context, developers like Masterise Homes will lead the market and I know that UK companies Quoc can contribute to that trend, transferring technology and experts, bringing expertise and training to Vietnamese people.”

Vietnam strives to achieve net zero emissions by 2050
At the Climate Summit held within the framework of COP26 in November 2021, Prime Minister Pham Minh Chinh made Vietnam's commitment to the global joint effort towards the goal of keeping the Earth's temperature is at 1.5°C.
The Prime Minister affirmed: “Vietnam will develop and implement measures to reduce greenhouse gas emissions strongly with its own resources, along with the cooperation and support of the international community, especially developed countries. development, both in terms of finance and technology transfer, including the implementation of mechanisms under the Paris Agreement, to achieve net zero emissions by 2050”.