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CITIES AND THE NEW CLIMATE ECONOMY
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THE GLOBAL NEW CLIMATE ECONOMY PARTNERSHIP
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NCE REPORT LAUNCHED AT THE UNITED NATIONS
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How can we have the growth we want in the next 25 years and the stable climate we need?
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Cities and the global economy
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Cities as hubs of growth
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URBANISATION AND ECONOMIC DEVELOPMENT
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CITIES WILL BE CENTRAL TO GLOBAL GROWTH THIS CENTURY
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Our analysis shows that cities above 0.5 million will contribute around 64% of total global GDP growth out to 2030
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Groups of cities crucial to global growth and emissions
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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.
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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
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Costs poorly managed urban growth
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Urban policy choices today will determine the world of tomorrow
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Costs of poorly managed urban growth
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The 3C model well managed urban growth
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The 3C model: three pillars of well-managed urban growth
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1. COMPACT urban growth
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2. CONNECTED infrastructure
Copenhagen
Hong Kong
Copenhagen: 4% GDP
Houston: 14% GDP
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3. COORDINATED governance
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Benefits of the 3C model
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Cities taking a lead
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PIONEERING CITIES
COPENHAGEN BOGOTA
NEW YORK SINGAPORE
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PATTERNS OF CHANGE
COPENHAGEN BOGOTA
NEW YORK SINGAPORE
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RECOMMENDATIONS OF GLOBAL COMMISSION (1)
1. BETTER URBANISATION
2. FISCAL AUTONOMY
3. PRICE EXTERNALITIES
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RECOMMENDATIONS OF GLOBAL COMMISSION (2)
4. REDIRECT INVESTMENT
5. PLANNING AND GOVERNANCE
6. FINANCING MODELS
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