The ambitious project will be able to house up to 10,000 people and is proposed as a solution to climate change and the overpopulation of the planet

The Metropolitan City of Busan of the Republic of Korea, UN-Habitat and OCEANIX signed a landmark agreement to build the world's first prototype sustainable floating city. A milestone created immediately after COP26, as a way to innovate revolutionary solutions for coastal cities threatened by rising sea levels.

Coastal cities are at the forefront of climate-related risks. The floods are destroying billions of dollars in infrastructure and forcing millions of climate refugees from their homes. The challenge is enormous: two in five people in the world live less than 100 kilometers from the coast, and 90 percent of megacities around the world are vulnerable to rising sea levels. The floating city is conceived as a flood-proof infrastructure that rises with the sea and produces its own food, energy and fresh water with fully integrated zero-waste closed-loop systems.

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