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