On April 26, 2022, the following announcement was made: “U.N.-Habitat, the Busan Metropolitan City of the Republic of Korea, and OCEANIX today unveiled at U.N. Headquarters the design of the world's first prototype sustainable floating city. OCEANIX Busan aims to provide breakthrough technology for coastal cities facing severe land shortages that are compounded by climatic threats.” Busan has also announced its bid to host the 2030 World Expo, proposing a solution to the global climate crisis through the power of technology, culture and art.