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CONNECT: Sydney A New Approach for City Development

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Presentation on theme: "CONNECT: Sydney A New Approach for City Development"— Presentation transcript:

1 CONNECT: Sydney A New Approach for City Development
Smart Cities World Expo Forum, Sydney, Australia - August 31, 2017 Councillor Craig Chung, City of Sydney 1

2 70% 80% 70% 93% Cities will determine the future of the planet
August 15, 2017 Cities will determine the future of the planet Society Economy 70% 80% of the world’s population will live in cities by 20501 of global GDP generated from cities2 Innovation Environment of global CO2 emissions2 70% of the world’s patented inventions3 93% 1 OECD 2 World Bank 3 CityLab

3 Cities find it extremely difficult to accommodate extreme growth.
August 8, 2017 Cities find it extremely difficult to accommodate extreme growth. Obstacles are mounting but solutions are not forthcoming. Shrinking budgets Aging infrastructure Diminishing environmental resource Rising economic inequity Shifting demographics and labor markets City leaders are now willing to put their political capital behind these issues. Governments see upgrading transportation systems as a quick pathway to drive business activities, citizen inclusion and sustainability Economic development is one of the main drivers for government to achieve more productive, responsive and livable cities. Governments are becoming more deeply committed to providing access to jobs as a way to improve standards of living and improve the day to day affordability of living in cities.

4 No one party alone can solve all of Sydney’s challenges.
August 8, 2017 Cities, corporations, and institutions must come together to create the future.

5 Transformation will require a fundamental change in the way city leaders and solution providers work together.

6 A new model for private public partnerships will help make a better Sydney for the future:
Promotes comprehensive city solutions that integrate throughout Sydney’s operations. Works with all sectors of Sydney society to co-create solutions that benefit all people and businesses. Measures the success of each solution to determine if its feasible in other regional Australian cities. Helps fund the projects and views them as an investment in Sydney’s future as a productive, responsive and livable city.

7 Global Cities Worldwide & Local Partnerships Smart Solutions
with Worldwide & Local Partnerships Smart Solutions Solving Urban Problems With Business Government Entrepreneurs

8 CONNECT: Sydney Coming soon… 8


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