• About
  • Subscribe
  • Contact
Saturday, June 3, 2023
    Login
FutureIOT
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
No Result
View All Result
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
No Result
View All Result
FutureIOT
No Result
View All Result
Home Industry Government, Healthcare and Education

Opportunities riding on green urbanisation initiatives

FutureIoT Editors by FutureIoT Editors
December 14, 2022
Photo by Scott Webb: https://www.pexels.com/photo/low-angle-photography-of-high-rise-building-305833/

Photo by Scott Webb: https://www.pexels.com/photo/low-angle-photography-of-high-rise-building-305833/

ABI Research forecasts global public and private investment levels in green urban infrastructure to increase from US$606 billion in 2022 to US$978 billion in 2030. This includes a wide range of green assets, including city parks, urban forests, blue spaces such as ponds and lakes, rooftop gardens, green walls and buildings, and pedestrianised green streets as part of new urban concepts.

Example projects include the green makeover of the Champs Élysées in Paris for the 2024 Olympics (€250 million), the redevelopment of the abandoned Athens International Airport into the Metropolitan Park and Coastal Front (€8 billion), and the NEOM Regreening and Saudi Green Initiatives (US$187 billion). Other examples include Madrid’s Nuevo Norte Urban Forest, Melbourne’s Green Infrastructure Plan, Bangkok’s Benchakitti Forest Park (covering an area of 0.7 km2), and Boston’s Green New Deal.

Dominique Bonte

“The single most important benefit of green urban infrastructure is its role in making cities more resilient. Resilient against the impact of climate change in terms of mitigating the effects of flooding, heat islands, drought, and other natural disasters on urban living,” says Dominique Bonte, VP  for end markets and verticals at ABI Research.

“Green infrastructure offers the combined advantage of functioning as natural reservoirs for excess stormwater and excessive heat due to its innate water absorption and heat storage capabilities.”

Dominique Bonte

“Both substantially reduce flooding of vulnerable inhabited areas and the number and severity of heat islands,” he added.

Benefits of green urban infrastructure

ABI Research cites several additional benefits including:

  • A key tool for urban decarbonization, contribution to net zero cities, and achieving urban circularity
  • Improved air quality and reduced noise pollution
  • Increased urban biodiversity – “bringing nature back to cities”
  • Improved urban living quality, health, and mental wellbeing
  • Positive impact on economic development

Looking through a technology lens

From a technology perspective, digital twins are the ultimate tool for city governments and developers to design, model, plan, simulate, and manage green urban infrastructure.

Detailed information about trees and other green assets can be captured through ground-based and airborne LiDAR sensor scanning systems often complemented by satellite imagery.

Artificial Intelligence (AI)-based recognition capabilities allow building complex models featuring various metrics, including predictive data about expected tree lifetimes.

Digital twin modelling and simulation use cases include the identification of current and future heat islands, the assessment of vulnerable populations, the percentage of permeable surface and vegetation levels, the water retention potential of green rooftops, detailed tree analytics, and water run-off and carbon storage metrics.

Urban digital twin solutions are offered by vendors like Siradel (Engie) and Dassault Systèmes. Singapore-based Greehill develops digital twin technology exclusively optimised for green infrastructure.

Related:  Jolly Good, Otsuka signed 5-B yen deal for mental health VR
Tags: ABI Researchgreen infrastructure
FutureIoT Editors

FutureIoT Editors

No Result
View All Result

Recent Posts

  • Technopolis uses IoT to support sustainability goals
  • New revenue opportunities rise from decarbonisation efforts
  • Use ChatGPT to build a business case for IoT
  • Why Shanghai is number one smart city in 2023
  • ABI Research reveals obstacles to 5G monetisation in the enterprise

Categories

  • Agriculture
  • AI and Machine Learning
  • Application
  • Application and Middleware
  • Automotive
  • Banking and Financial Services
  • Big Data and Analytics
  • Blockchain
  • Case Studies
  • Change Healthcare
  • Cloud and Platforms
  • Commercial
  • Construction
  • Consumer
  • Customer Engagement
  • Devices
  • Future Workplace
  • FutureCFO
  • Governance, Standards and Regulations
  • Government, Healthcare and Education
  • Hospitality and Tourism
  • Industrial
  • Industry
  • IT-OT integration
  • Manufacturing
  • Networking
  • Research and Development
  • Retail and E-commerce
  • Security
  • Sensors and Instrumentation
  • Smart Cities
  • smart contracts
  • Smart Home
  • Start-ups
  • Technology
  • TIBCO
  • Transportation and Logistics
  • Uncategorized
  • Videos
  • Whitepapers

About FutureIoT

Asia’s ONLY dedicated IoT publication

The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

Quick Links

  • Subscribe
  • Contact
  • Privacy Policy
  • Cookie Policy
  • Terms of Use

Categories

Recent News

Office spaces with a sea view in Ruoholahti | Technopolis

Technopolis uses IoT to support sustainability goals

June 3, 2023
Photo by Akil  Mazumder from Pexels: https://www.pexels.com/photo/person-holding-a-green-plant-1072824/

New revenue opportunities rise from decarbonisation efforts

June 3, 2023
  • Privacy Policy
  • Terms of Use
  • Cookie Policy

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

No Result
View All Result
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
Login

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Login to your account below

or

Not a member yet? Register here

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In