cities and the new climate economy · just 468 cities will contribute over 60% of global gdp growth...

CITIES AND THE NEW CLIMATE ECONOMY

THE GLOBAL NEW CLIMATE ECONOMY PARTNERSHIP

NCE REPORT LAUNCHED AT THE UNITED NATIONS

How can we have the growth we want in the next 25 years and the stable climate we need?

Cities and the global economy

Cities as hubs of growth

URBANISATION AND ECONOMIC DEVELOPMENT

CITIES WILL BE CENTRAL TO GLOBAL GROWTH THIS CENTURY

Our analysis shows that cities above 0.5 million will contribute around 64% of total global GDP growth out to 2030

Groups of cities crucial to global growth and emissions

Just 468 cities will contribute over 60% of global GDP growth and over 50% of CO2 emissions growth out to 2030

Source: Floater, Rode et al. 2014 Cities and the New Climate Economy: the transformative role of global

urban growth. LSE / Oxford Economics. Projections under business as usual scenario.

Growth led by Emerging Cities with high carbon industry

0.5

3.7

0.6 1.3 1.4

0.9 0.8

11.2

1.8

3.9 3.9

2.3

0

2

4

6

8

10

12

Agriculture Industry Transport, Storage,Info, Comms

Financial &business services

Consumer services Public services

Emerging Cities GVA by sector

Tri

llio

ns

2012

2030

$US 2012 prices and exchange rates

Source: Floater, Rode et al. 2014 Cities and the New Climate Economy: the transformative role of global

urban growth. LSE / Oxford Economics

Gross value added across sectors, 2012 and 2030

Costs poorly managed urban growth

Urban policy choices today will determine the world of tomorrow

Costs of poorly managed urban growth

The 3C model well managed urban growth

The 3C model: three pillars of well-managed urban growth

1. COMPACT urban growth

2. CONNECTED infrastructure

Copenhagen

Hong Kong

Copenhagen: 4% GDP

Houston: 14% GDP

3. COORDINATED governance

Benefits of the 3C model

Cities taking a lead

PIONEERING CITIES

COPENHAGEN BOGOTA

NEW YORK SINGAPORE

PATTERNS OF CHANGE

COPENHAGEN BOGOTA

NEW YORK SINGAPORE

RECOMMENDATIONS OF GLOBAL COMMISSION (1)

1. BETTER URBANISATION

2. FISCAL AUTONOMY

3. PRICE EXTERNALITIES

RECOMMENDATIONS OF GLOBAL COMMISSION (2)

4. REDIRECT INVESTMENT

5. PLANNING AND GOVERNANCE

6. FINANCING MODELS