The retrofitting of existing buildings to greener standards is widely recognized as a key step in the sustainable development of a nation’s economy.

Energy usage in buildings accounts for almost 40% of global consumption, thus mechanisms installed to reduce electricity and water usage are integral to reducing a country's energy output.

RetrofitTech UAE is a specialized conference exploring the challenges and opportunities in UAE’s emerging retrofit market to achieve greater energy efficiency and sustainability. RetrofitTech UAE will be held on 14-15 March 2016 in Dubai, UAE.

An ideal opportunity

Recently, several government-backed entities in Dubai have signed contracts worth around $20 million to make environmental improvements to their real estate portfolios.