with more than 40% of its area reserved for green space, including the park of , of bicycling lanes, numerous charging stations for electric vehicles and a waste collection system that eliminates the need for trash trucks. Also, it is the first district in Korea to have all of its major buildings on par or beyond LEED's requirements. Three additional foreign university campuses opened in 2014, for a total of four total universities located within an international business district some from Seoul, including the first overseas university that opened in Korea, the State University of New York, Stony Brook. The schools will be funded by the Ministry of Knowledge Economy, the Incheon Free Economic Zone and the Incheon Metropolitan Government. The development is part of a $35 billion effort by the Korean government to form an international business district that houses competitive universities from around the world. In spring 2014, George Mason University (Fairfax, Virginia) opened its Korean campus in Songdo to support undergraduate academic interests and professional development programming for local corporations. Additionally, University of Utah anticipated opening a satellite campus in March 2014 with several American bachelor's degrees offered in Social Sciences, along with an M.A. in Applied Linguistics Sustainability Though the city is not yet complete, Songdo IBD is home to 106 LEED certified buildings that fall under 12 projects, or 22 million sq ft of LEED-certified space. This number includes several ‘firsts’ for LEED in Korea and Asia, including the first LEED-certified hotel in Korea (the Sheraton Incheon), the first certified residential tower in Korea (Central Park 1), and the first certified convention hall in Asia (Convensia). The 50,000 sq ft clubhouse for the Jack Nicklaus Golf Club Korea which hosted the Presidents Cup in 2015 is also certified. Songdo IBD alone represents 40% of all LEED-certified space in South Korea. In addition, Songdo IBD utilizes a pneumatic waste disposal system. This means no garbage cans on street corners, and no garbage trucks. Instead, garbage is thrown into pipes that will suck the garbage underground, disposing of waste, and recycling what can be recycled. There are also 25 km of bike paths and charging stations for electric vehicles throughout the city. UN Green Climate Fund In October 2012, Songdo IBD was selected to become the home to the United Nations Green Climate Fund (GCF). One of the reasons for selection is the environmental-friendly practices that were