1st September 2017

WEF: These three factors are critical to the success of future cities

The United Nations (UN) estimates that by 2050, 66% of the world’s population will live in cities. This creates an unprecedented pressure on cities around the world to optimise the standard of living for citizens, organisations and institutions.

Cities such as Dubai, Singapore, Yinchuan and Copenhagen are experimenting with new technology and digital services to target specific problems that affect their citizens. Copenhagen, for example, has set the target of becoming the first carbon neutral capital by 2025. The city reduced CO2 emissions by 38% between 2005 and 2015.

As part of a wider research project, we conducted research with the team at Copenhagen Solutions Lab (CSL), Copenhagen’s innovative incubator for driving smart city initiatives.

Our research reveals that, although technology is important to the development of connected cities, there are other “softer” drivers at play, too – and we identified three that are critical to the success of future connected cities.

1. Citizen empowerment
2. Open and experimental collaboration
3. Rewarding the intangible

Read more details.

 

Members of the American Chamber of Commerce in the Czech Republic