The Masdar development,
The oil-rich territory of Abu Dhabi in the United Arab Emirates recently broke ground on Masdar City, which aims to be the world's first zerocarbon, zero-waste, car-free city. The government's Masdar Initiative includes $4 billion in direct funding of infrastructure, such as solar PV canopies over pedestrian walkways, and an additional $18 billion in corporate investments. Those include a $250 million Clean Technology Fund whose partners include Credit Suisse and Siemens. "Abu Dhabi," wrote the New York Times, "hopes to show that petrodollars can develop innovation in clean energy." Among the fund's U.S. investments are HelioVolt, NanoGram, and Segway. By 2016, Masdar City aims to have 50,000 residents and 1,500 businesses, all powered by solar energy. Drinking water will come from solarpowered desalination, with treated wastewater irrigating the landscape. Masdar selected global engineering firm CH2M Hill as program manager for the first phase of development.
Add in hydroponics, and the city could become almost self sufficient.
Global Investment cycles