The project by ETA Star Properties is designed to maximise the use of the natural forces of wind, use natural light and geothermal mass, recyclable construction material along with optimum use of energy-efficient systems and technologies.
"I am happy that the developer has shown the industry the direction towards working on projects that maintain equilibrium in the environment we live and operate in," co-recipient of the Nobel Peace Prize, Pachauri said during the launch here yesterday.
The VERDE residences and offices in Dubai maritime city, has been designed to achieve gold ratings, as provided by the US Green Building Council's Leadership in Energy and Environment Design (LEED) programme.
Adrain Smith, chief architect of the project said, "The energy saved by the project is equal to the planting of about 600,000 trees or removing 680 cars off the road."
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app