When Masdar City was first announced in 2007 by the Masdar Initiative, it claims that, when completed, it will become the world’s first zero carbon, zero waste development, while maintaining the highest quality of living. Foster + Partners and a team of environmental consultants including WSP and Transsolar have been appointed by Masdar to design the masterplan and the first stage of the project which broke ground in February 2008.
Masdar City’s Master plan is claimed to “meet and exceed” the principals of One Planet Living (OPL), a set of ten guiding principles of sustainability, proposed in a joint initiative by WWF, the global conservation organization and Bioregional Development, whereby everyone lives within their fair share of the Earth’s resources. The principles include Zero Carbon, Zero Waste, Sustainable transport, Sustainable materials, Sustainable water, and Sustainable culture and heritage.
The project also comes in the context of a rapidly increasing population and an economic boom in Abu Dhabi which -, together with new laws opening the emirate’s real estate to the free market- led to speculation and a housing shortage estimated in 2008 to between 35,000 and 50,000 dwelling units. This shortage has prompted the state to allocate billions for the construction of residential buildings, especially for foreign workers and western expatriates. This housing shortage has also resulted in rising house prices, which led to discussion of legislations that would introduce a 20 per cent quota for low-income housing in future developments.