global cities report 2020

new report: far from remote. have the potential to improve quality of life of residents in meaningful and tangible ways. Cities are categorized as Alpha, Beta or Gamma cities based on their connectivity to the rest of the world. REPORT: The Future of Urban Consumption in a 1.5°C World The Future of Urban Consumption in a 1.5°C World – a new report from C40 Cities, Arup & the University of Leeds with support from Citi Foundation – explores the impact that urban consumption has on global greenhouse gas emissions and assesses what individuals, businesses and governments can do to reduce … the SDGs and as the world recovers from the COVID-19 pandemic. Updated quarterly, the index tracks the performance of house prices across 150 cities worldwide. Our commitment to lasting change. Global Talent in the Age of Artificial Intelligence Addressing the theme of Global Talent in the Age of Artificial Intelligence, this seventh edition of GTCI explores how the development of Artificial Intelligence (AI) is changing the nature of work and forcing a re-evaluation of workplace practices, corporate structures and innovation ecosystems. Report: U.S. Cities Lag Behind Global Peers in Walkability ... Oct. 2020. 2. 5. Many cities around the world are designing and retrofitting their cities to meet the needs and priorities of children. These include insufficient and unpredictable transfers from central government, weak fiscal management, poor revenue generation and legal constraints. Read more. Rankings: Top 20 global cities of 2020, projected. ... far lower than cities in the global south," according to the report… The extent to which cities and countries attract and leverage the public and private investments required to achieve SDG 11 About Global Cities, Inc. and Global Scholars: Meg Louis, +212-618 6345, mlouis@globalcities.org, Nicky Keefe +34 672-237-577, nicky.keefe@gmail.com, Rebecca Carriero +212-205-0182, rebeccac@bloomberg.org, One Rockefeller Plaza, Suite 1134, New York, NY 10020(01) (212) 618-6345info@globalcities.org. from an economic, social and environmental perspective, including the unquantifiable value that gives cities their unique character; and also explores the role of innovation and technology, local governments, targeted The report was downloaded by thousands of decision-makers around the world, mentioned by top government officials, and received dozens of mentions in global and national press. habitation such as the appreciation of property values and rental costs. About Bloomberg Philanthropies Bloomberg Philanthropies’ mission is to ensure better, longer lives for the greatest number of people. Urban and territorial planning supported by adequate governance structures will enhance the economic value of urbanization. Problems of digital exclusion in access to the benefits of new technologies persist, potentially deepening inequalities. 2. The C40 report calculates that taken together the cities’ plans will prevent at least 1.9 gigatonnes of greenhouse gas emissions being released into the atmosphere between 2020 … View All 66 Images. Cities can enhance their productive capacities by reforming legal and regulatory frameworks and adopting measures that provide greater security to workers, particularly those in the informal economy. With over 90 per cent of confirmed cases coming from urban areas, cities have borne the brunt of COVID-19. Institutions for public investment management should be strengthened to achieve desired outcomes while maintaining quality and efficiency in spending on the city’s physical assets. From Citi Private Bank's 2011 Wealth Report: predicting the top 20 global cities of 2020. While there have been improvements in global coverage of basic services over the past two decades, which have environmental benefits, particularly for slum dwellers, more needs to be done for this population most at Global Residential Cities Index - Q1 2020 The Global Residential Cities Index tracks mainstream residential prices on a city-by-city basis. Country To adequately harness the social value of urbanization, authorities must address the threats to more egalitarian cities. Article. 5. A multiplicity of actors and collaborative ventures is required to adequately fund urban infrastructure.. 4. Article. 9. 4. Nature-based solutions represent an integrated approach to deliver environmental value across the urban-rural continuum. Global Cities Global Cities, Inc., a Program of Bloomberg Philanthropies, is a nonprofit dedicated to connecting cities around the world and developing global competence among the next generation through its Global Scholars digital exchange program, which in 2019-20 connected 17,000 students in 53 cities. Year-ahead predictions 2021. 4. Sustainable urbanization has a key role to play in the Decade of Action for accelerating sustainable solutions towards eradicating poverty, reducing inequality, addressing climate change and enhancing gender air quality in cities.. Just like all aspects of development, sustainable urbanization requires adequate financing. Sustainable and inclusive cities are the outcome of good governance that encompasses effective leadership; integrated urban and territorial planning; jurisdictional and multilevel coordination; inclusive citizen The COVID-19 pandemic has created an uncertain investment climate as only five per cent of public and private sector leaders believe that investments will “increase significantly” following the pandemic. This region has the weakest average performance in the GTCI 2020. A global city, also called a power city, world city, alpha city or world center, is a city which is a primary node in the global economic network.The concept comes from geography and urban studies, and the idea that globalization is created and furthered in strategic geographic locales according to a hierarchy of importance to the operation of the global system of finance and … 1. It is designed to track the way cities maneuver as their populations grow and the world continues to shrink. The financial resources are available globally, but they are not channelled to areas where they are most needed. The world is firmly entrenched in the Information Age. 2. Realizing the social value of sustainable urbanization is not a natural consequence of economic growth, which does not automatically reduce poverty and inequality. 4. There is a growing movement of local and regional governments advancing the localization of the global agendas to harness the value of sustainable urbanization. 2. 230 cities across 65 countries. 3. We are now in the midst of a global pandemic with strict travel restrictions in place and the global economy is forecast to shrink by 3% in 2020 according to the IMF. When cities are well-planned and managed, they can lift families out of poverty, liberate women from gender-based discrimination, point to bright 2. Strong multilevel governance frameworks are key to foster vertical and horizontal cooperation between different levels of government and between local governments. There should be a sense of urgency and a long-term commitment to implement the New Urban Agenda as the basis for achieving sustainable urbanization. and concrete ways. The right to the city, which underpins the social value of urbanization, means that all people, especially vulnerable groups should have equal opportunities and access to urban resources, services and goods. 1. The New Urban Agenda as a means of achieving SDG 11 offers a framework for unlocking the value of urbanization. The new edition of the Worldwide Cost of Living report shows how the Covid-19 pandemic has changed the cost of living in about 130 cities around the world since the start of 2020. Results of smart city experiments are mixed and particularly poor when these efforts are technology- rather than peopledriven. Urban areas generate enormous economic The environmental value of sustainable urbanization cannot be realized without prioritizing the needs of disadvantaged groups.. 5. Local governments are the prime movers of sustainable urbanization. Follow us on Facebook and Twitter @GlobalCitiesOrg. Incorporating the Global Cities Index (GCI) and Global Cities Outlook (GCO), this year’s results reveal intensifying competition for global status and future prospects in an increasingly fragmented and volatile environment. 5. November 17, 2020 - Evidence from survey research shows that kids can learn in digital classrooms. Sustainable urbanization generates economic, environmental, social and intangible value that can be harnessed for the wellbeing of all. Sustainability policies to unlock the environmental value of urbanization depends on the ability of different actors to tailor options to the context in which they operate as well as incorporate the principles of justice. During the same time, the number of so-called mega cities– cities that have more th… risk of being left behind. The value of urbanization is socially inclusive when it enhances gender equality, protects the rights of minority and vulnerable groups and ensures social inclusion. Sweeping investment in clean technologies such as renewable energy are among the most cost-effective way to boost economies hit by COVID-19 while reducing emissions. Email me the full report. The New Urban Agenda places emphasis on effective implementation at the local level and on the role of local governments. The first global fintech ecosystem rankings. Every region is expected to become more urbanized in the next ten years, although highly urbanized regions are expected to have slower rates of urban growth. Across the globe, ever since 2014, every year on the 31 st of October, World Cities Day is celebrated. Current international debates are characterized by urban optimism, as sustainable urbanization is recognized as a transformative force to harness environmental value. 10. Marjorie B. Tiven is the founder of Global Cities, Inc. From 2002 through 2013, she served as New York City Commissioner of the Mayor’s Office for International Affairs, under the administration of Michael R. Bloomberg. There is global progress on decentralization with local governments increasingly playing a significant role in governance as decentralization processes get implemented across various regions. Building resilience in the aftermath of COVID-19 is the foundation for managing future pandemic and driving economic growth. Sustainable urbanization is a generator of inclusive prosperity; it allows for economic opportunities for all, including marginalized groups. “Cities have borne the brunt of the pandemic. The assessment is based on a country's economic standing, globalization rate, human capital, information and technology, cultural experience, and political engagement. Any urbanization process that does not actively address institutionalized obstacles to full representation, recognition and redistribution is inequitable and therefore undermines the value of urbanization. Technology continues to reshape economies and societies amidst the fourth industrial revolution, or the exponentially paced disruption caused by the possibilities of billions 1. 2020 Global Cities Index As cities pick up the pieces and plan for life after COVID-19, we outline the new challenges and priorities facing city leaders. 2. Despite its ravaging impacts, COVID-19 has shown that a green urban future is possible due to behavioural change; COVID-19-induced lockdowns have resulted in a fall in carbon emissions and short-term improvement in A system that leaves one no and no place behind and creates equal opportunities for all recognizes that economic growth alone will not reduce inequality and poverty. value as they are the world’s platforms for production, innovation and trade, generating both formal and informal employment. 3. The investment needs of cities and countries required to achieve sustainable urbanization vary, and depend on city size, demographic trends, urban configurations, geographic location, the country’s level of economic development The informal economy is the lifeblood of many cities in developing countries. The year 2020 marks a turning point in the global battle for sustainable development, with cities once again at the centre as home to a growing majority of the world’s population. I second that emotion: KCI quarterly briefing, Q4 2020. Cities must work to promote effective policies to protect citizen data and empower citizens to understand how to protect their personal data. 2. July 13, 2020 - Our founder, Marjorie B. Tiven, shares timely lessons about online schooling on CNN Opinion, drawing from the Global Scholars international digital exchange program to empower students from all backgrounds to believe in themselves and their power to change their communities for the better. 4. A green economic recovery from the COVID-19 pandemic involving investment in clean technologies such as renewable energy can yield long-term environmental benefits while reducing emissions. The organization focuses on five key areas for creating lasting change: Public Health, Environment, Education, Government Innovation and the Arts. futures for children and youth, offer comforts and supports to older persons in their golden years and welcome migrants looking for a better life. The Report provides evidence and policy analysis of the value of urbanization Cities are increasingly integrating the SDGs in their policies and strategic plans, which in turn enhances the value of urbanization. Many individuals and population groups in cities around the world are excluded from the benefits of urbanization. Learn more. Participatory data platforms and effective monitoring systems are integral to enhancing the value of sustainable urbanization. The global smart cities market size is expected to grow from USD 410.8 billion in 2020 to USD 820.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.8% during the forecast period. Which cities are most successful at attracting capital? Collaboration and cooperation across scales is central to enhancing the value of sustainable urbanization. Cultural diversity contributes to the social, economic and environmental value of urbanization through tolerance, integration, and coming together in public spaces. Asset Publisher. DUBLIN--(BUSINESS WIRE)--Jan 19, 2021--The "Cartridge Seals - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.Amid the COVID-19 crisis, the global market for Cartridge Seals estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$2.2 Billion by 2027, growing at a CAGR of 6.8% over the analysis period 2020 … Knight Frank's Global Residential Cities Index tracks the movement in average prices across 150 cities worldwide. Weak institutional environments—the powers, capacities and resources devolved—are hindering local action, and consequently, the realization of the value of urbanization. investments and the effective implementation of the New Urban Agenda in fostering the value of sustainable urbanization. New York landed number two globally and number one in the United … Learn more. Policy coherence between global, regional, national and local stakeholders is crucial for meeting urban investment needs to enhance the value of urbanization. Countries should create enabling institutional environments for local governments to operate in order effectively unleash the value of sustainable urbanization. and the New Urban Agenda is key to enhancing the value of sustainable urbanization. The COVID-19 pandemic is accelerating the deployment of innovation and technology in urban areas. COVID-19 provides cities a unique opportunity to build back better, by focusing on greener, more sustainable business and consumption patterns, digital economies and quality urban spaces. Read More. 3. Well-planned and managed urban growth improves the economy across a range of scales (local, regional and national) through employment creation, contribution to GDP and FDI attraction among others. 4. 6. Galvanize the forces of localization of the 2030 Agenda and the New Urban Agenda in cities and territories by mainstreaming localization strategies in all plans, programmes and budgets from national to local Urban policies and investments to enhance the value of urbanization should be evidence-based and grounded on realistic targets that can be monitored. At this stage, much of Asia and the Middle There were 371 cities with more than one million inhabitants at the turn of the century in 2000. To mark this event, UN-Habitat has released its World Cities Report 2020 … In 2018, there were 548, and in 2030, a projected 706 cities will have at least one million inhabitants. Clear, ethical frameworks and institutional arrangements for data collection and data sharing should be put in place. Toronto has been ranked among the top 20 best cities in the world, according to Resonance Consultancy’s World Best Cities 2020 report.. levels.. 2. Implementing the 2030 Agenda and the New Urban Agenda is key to enhancing the environmental value of urbanization. The index's annual rate of growth increased by 4.7% in the year to Q3 2020… Winning in Growth Cities is an annual report which examines global commercial real estate investment activity, predicting which will be the winning city markets in 2020 and the … Cities are rapidly deploying technology to address a wide range of urban challenges. When designed with climate adaptation, mitigation and resiliency, cities can create communities that enhance environmental values like cleaner air, more compact, integrated and walkable cities. The World Cities Report 2020 shows that the intrinsic value of sustainable urbanization can and should be harnessed for the wellbeing of all. 6. Governance, institutional, policy and regulatory frameworks should be aligned to the local realities and should not hinder economic growth. The very dense interaction networks of people, which are the factor behind cities’ potential as economic growth accelerators, also carry embedded risks, as evidenced by the COVID-19 pandemic. The COVID-19 pandemic is eroding the social value of urbanization by exacerbating inequality, further marginalizing vulnerable groups and pulling more people into poverty worldwide. 5. Index in The Wealth Report 2020. The city profiles analyze each of the 48 target cities of the GPCI and illustrate the city’s strengths and weaknesses in reference to the score and ranking of the 70 indicators. of people connected by mobile devices, with unprecedented processing power, storage capacity and access to knowledge. On the one hand, the world is entering The 2020 Global Cities Report provides a snapshot of where cities stood as they entered the COVID-19 crisis. the epicentres of COVID-19.”. Prioritizing youth employment creates benefits that will have significant impact on the economic value generated by cities. The implementation of the 2030 Agenda for Sustainable to this pandemic and prepare for future infectious disease outbreaks.”, “The novel coronavirus pandemic triggered the worst public health crisis in a century and we are now living through the worst economic recession since the Great Depression. Global Cities, Inc. is a program of Bloomberg Philanthropies that connects global cities worldwide through an information-sharing network and supports global awareness for the next generation through cross-national interactive education initiatives. When adequately harnessed, the social value of sustainable urbanization offers pathways to enhancing social inclusion, reducing inequality and ending poverty; thereby, leaving no one and no place behind. The New Urban Agenda and the 2030 Agenda for Sustainable Development were adopted in times of profound global challenges, many of which have been exacerbated by the coronavirus pandemic. Just like last year, three cities share the top spot as the world’s most expensive city to live in. 5. 3. 1. Development, the New Urban Agenda, the Paris Agreement and the Sendai Framework for Disaster Risk Reduction are embedded in this urban optimism. 2. National governments should strengthen local governments’ involvement in the definition, implementation and monitoring of national urban policies and the SDGs. Bloomberg Philanthropies encompasses all of Michael R. Bloomberg’s charitable activities, including his foundation and his personal giving. As the unit of government closest to everyday citizens, they are the most attuned to the needs and desires of urban residents. equality. Harnessing the environmental value of urbanization requires a more participatory approach to planning. The successful implementation Chemicals Executive M&A Report 2020. 3. The global demand for smart cities is growing rapidly, from US$622 billion in 2017 to US$1 trillion in 2019; this is expected to reach US$3.48 trillion by 2026.. 4. and the quality of existing urban assets. GFI City Rankings 2020. for more inclusive decision-making. The Global Cities index and outlook reveal the world’s top-performing cities and those with the most potential. 1. Cultural diversity contributes to the vibrancy, prosperity, inclusiveness, competitiveness, and positive perception of cities. The World Cities Report 2020 shows that the intrinsic value of sustainable urbanization can and should be harnessed for the wellbeing of all. New technologies and innovation provide opportunities for cities to meet the SDGs and generate immense value from the process of urbanization. Article. Urban areas are already home to 55 per cent of the world’s population, and that figure is expected to grow to 68 per cent by 2050. An intersectional approach is thus key to understanding the needs and concerns of different groups. that responds to the realities of economic and social geographies should be enabled. the Decade of Action, the ten-year period during which national and local governments, the private sector and civil society must accelerate their efforts to deliver on the promise of the Sustainable Development Goals 1. The great shakeout: Global trends 2020–2025. 3. 3. About 4.2 billion people, more than half of the world's population (55.3 per cent), are living in urban areas today. Local governments must be empowered to tap their endogenous potential to innovatively increase and diversify own-source revenues, which in the long-run enhances local autonomy and financial sustainability. Fortunately, there is a road map to sustainable urbanization in the New Urban Agenda, which provides a comprehensive framework for unlocking the value inherent Urban greening initiatives enhance the environmental value of urbanization, but adequate measures are needed to ensure that they do not exacerbate inequality and social vulnerability. Local governments still face multiple constraints regarding urban finance. 1. Cities should undertake periodic audits and map their efforts onto the transformative commitments of the New Urban Agenda, SDG 11 and the urban dimensions of the other SDGs. 5. 3. 5. (SDGs) for accelerating sustainable solutions to the world’s biggest challenges—ranging from poverty and gender-based discrimination to climate change, inequality and closing the finance gap. Every few years, important global economic cities are ranked by the Globalization and World Rankings Research Institute.It is considered the leading institute ranking the world’s cities. 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