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Flagship African energy events EAPIC and WAPIC transition to Future Energy to address continentÃ¢ï¿½ï¿½s power potential
Some of Africa’s most iconic regional power events in East, West and Central Africa, including EAPIC and WAPIC, have been renamed to Future Energy, reflecting the optimism and potential of the energy and power sectors on the continent.
“Energy is fundamental to economic development of every country, driven by population increase and industrialisation, with a landscape of depleting fossil fuels and climate change,” says Claire O’Connell, the event director of the Future Energy Power Portfolio at the event organiser Spintelligent.
She continues: “the energy industry is changing and so is the role of the traditional utility. This shift is creating enormous and exciting opportunities: we are seeing more IPPs, more distributed generation, more micro grids and more off grid solutions and it is not just on a commercial scale, we are seeing these changes at community level too. As the technology behind renewable energy evolves, more and more consumers will cut their ties with incumbent utilities and become their own source of power.”
She adds: “in the next 10 years we can expect significant advances in generation technology and storage as well as better energy management and increased efficiencies. Most of the continent is experiencing these changes in some form and with abundant natural energy resources and a general drive towards building environmentally cleaner energy, is creating an increase in foreign direct investment into the region. With our Future Energy events we will continue to stimulate discussions and bring together the players and movers in the industry to shape and develop this continent.”
New Future Energy events
With its 19th edition taking place in November in Nairobi this year, Future Energy East Africa, formerly EAPIC, is the largest and longest running regional power and energy conference and exhibition in the region, attracting stakeholders from 12 countries, utilising Nairobi as accessible hub. The 2017 venue has a unique environment to facilitate networking for some 400 regional conference delegates, and a full programme of events addressing the challenges and opportunities of the industry including country spotlights, Industry Awards, an East African Utility CEO Forum, and technical demonstrations and cases studies from more than 100 leading international suppliers.
Also taking place in November in Lagos, Future Energy Nigeria has evolved from the West African Power Industry Convention (WAPIC). This energy conference and expo addresses the Nigerian power crisis through industry connectivity and creative solutions. After 14 years of successfully driving new and existing industry relationships across the region, WAPIC has established its base in Nigeria to support the privatisation of the Nigerian power space. A country going through a tough economic cycle, compounded by a struggling energy sector, it is now that the platform of a meeting place to engage industry stakeholders keen to represent the sector is more important than ever.
Future Energy Uganda is a two-day Ugandan project investment forum and exhibition taking place in Kampala from 13-14 September and will showcase projects that are in the pipeline. The forum discussions will include policies, tax and rebates, project briefings, ROIs and project implementation. The event will provide a unique platform for investors, government and the private sector to discuss and network in support of the Ugandan power expansion plans and 2030 vision.
Future Energy Central Africa (formerly iPAD Cameroon Energy Infrastructure Forum) is a regional strategic gathering from 2-3 October in Yaoundé that will allow neighbouring Angola, Cameroon, Central African Republic, Chad, Democratic Republic of the Congo, Republic of Congo, Equatorial Guinea, Gabon, Sao Tome and Principe to share their expertise, project developments and plans in order to facilitate regional grid integration. This two day conference and supplier exhibition will support the new up and coming energy sector in Central Africa.
Leading water and energy platform
Part of the power portfolio is African Utility Week & Energy Revolution Africa, an event that has been running for 17 consecutive years and has established itself as the largest power and water utilities exhibition and conference on the African continent. It is taking place from 16-18 May 2017 at the CTICC in Cape Town, gathering over 7000 decision makers in the power and water sectors from more than 40 countries to source the latest solutions and meet over 300 suppliers. The expo will feature free to attend technical workshops and technology demonstrations and a coveted industry awards evening. African Utility Week recently won the Association of African Exhibition Organisers (AAXO) award for the Best Trade Exhibition 6001-12000 sqm category.
African Utility Week, Energy Revolution Africa and the Future Energy series of events are organised by Spintelligent, a multi-award-winning producer of exhibitions and conferences across the continent in the infrastructure, real estate, energy, mining, agriculture and education sectors. Other well-known events by Spintelligent include Agritech Expo Zambia, CBM-TEC, Kenya Mining Forum, iPAD Nigeria Mining Forum, DRC Mining Week and EduWeek. Spintelligent is part of the UK-based Clarion Events Group.
IMANI to Launch Tracker for "Free SHS" called EQUINOX- Expanding Quality, Inclusion & New Opportunities in Education
A raging debate over the feasibility and funding of Ghana’s secondary education has reached its zenith with the announcement of expanded subsidies for almost every fee-paying item on the high school menu by the state, in fulfilment of a political campaign promise by the new government. The campaign promise is famously known as “Free Senior High School’’ or “Free SHS’’.
There is a fair amount of consensus in Ghana today for the first 12 years of education to be guaranteed for every child of school-going age.
There is at the same time widespread concern about educational outcomes. Many objective international measures suggest that academic performance, aptitude development and skills acquisition are either stagnant of falling.
Every major section of the political elite has committed to addressing these problems as a matter of urgency.
What is less apparent on the surface of the debates and discussions is that both expanding access and enhancing outcomes depend on an injection of more resources in addition to structural reforms, especially in the area of supervision and accountability. It appears even less evident that the public appreciates the significant diversity among models used worldwide for this two-prong approach of fixing access and quality outcomes synergistically.
The ruling NPP government has decided to opt for a model that relies on expanded government subvention, fees abolishment and general taxation.
The Minister of Education has announced a September 2017 timeline and a budget of $800 million for implementation. It is not clear if this is additional money or the aggregate Senior High School (SHS) budget once the rollout commences.
We will assume that he is referring to the size of the total SHS budget (currently at ~$330 million) in the 2017/2018 academic year as a result of the program’s commencement. His enrolment projections seem however over-optimistic. He appears to believe that an additional 800,000 students can be added to the secondary education population within a year of program launch. This is both arithmetically and analytically difficult to understand.
If current enrolment rates of 65% at secondary level are credible, then it is unlikely that additional numbers exceeding 400,000 new students can be recorded in the medium-term. This underscores our suspicion that a good deal of the funding for this project will go to administrative overheads rather than into direct investments into school budgets. The Minister’s numbers appear to indicate an administrative budget of more than $400 million. This is the only conclusion to draw as his numerical projections are suspect.
Even from this brief discussion it is clear that there is still considerable confusion about the underlying statistics and operational methodology, not to even talk of conceptual coherence, as far as the government’s choice of universal, effective, SHS is concerned.
That is why IMANI is announcing the launch of a new Tracker for what has popularly, even if also erroneously, come to be known as ‘FREE SHS’.
The Tracker shall be known as EQUINOX- Expanding Quality, Inclusion & New Opportunities in Education
EQUINOX is a unified gauge with composite indicators. These indicators include ‘enrolment trajectory’, ‘per capita. spending’, ‘per capita spending efficiency’, ‘assessment metrics’, ‘resource disbursement schedules’, and ‘resource availability metrics’.
We are very much aware that mixing qualitative and quantitative metrics to obtain standardised ratings can be both difficult and problematic, but we have assembled methodology that shall be validated during the baseline studies we are commencing. The other methodological concern is frequency of reporting, to the extent that this depends on the ‘movement’, ‘volatility’ or ‘periodicity’ of the core indicators. If changes in status cannot be measured at fairly frequent intervals, regular reporting becomes useless, and public interest, and even confidence, can wane.
Yet, some important features of public education change much too slowly to generate the kind of movement in indicator measurements necessary to sustain public interest and therefore to advance advocacy goals. For example, changes in enrolment figures can only be detected at the onset of the academic year. Thus, a quarterly publishing period will not show any significant movement on that score.
Of course, the punctuality of resource disbursement can be measured from trimester to trimester, which is as close to quarterly as possible.
Satisfaction level surveys can be stubbornly qualitative, with a high degree of subjectivity, raising serious concerns about such the impact of such major fault lines in our politics and society such as the rural-urban divide, the NPP-NDC geographic ‘stronghold’ effect, and philosophical issues about ‘citizen expectations’ in a patronage-based political system.
Our current conviction on ‘periodicity’ is that ‘continuous’ exhibition of the results in real-time and a regulated amount of ‘crowdsourcing’ to garner input from the public would be essential, rather than damaging, to the integrity of the Tracker.
We already have some software architectural ideas in mind, though our intention is to start with rather simple database designs and easy-going user interfaces so as not to overcomplicate the project. The chance to combine participation, accountability and content depth in one strategy is however too tempting not to give the idea our fullest attention.
We have taken these and many more factors in mind. The inception report we aim to publish in due course with provisional results from our baseline studies shall shed more light on how EQUINOX shall resolve the challenges of measurement, standardisation, and integrity.
IMANI does not aim to go alone in this massive effort. Serious steps are being made to establish a multi-stakeholder program within, across, and beyond Ghanaian civil society in recognition of the deep national character of this intervention.
The hope is that many of our readers, supporters, and friends shall reach out enthusiastically to share ideas and offer suggestions for the success of this endeavour.
UNCTAD's Global Action Menu for Investment Facilitation
In that light, it is my pleasure to present you with a brief review of existing policy practices in the area of investment facilitation. The review sets out the extent to which facilitation practices contained in UNCTAD's Global Action Menu for Investment Facilitation can be found in national and international investment policies. It follows the publication of the updated version of the Action Menu in September last year, incorporating feedback from multi-stakeholder consultations and intergovernmental processes at UNCTAD14 and the World Investment Forum.
Key findings of the review:
- Concrete investment facilitation initiatives are relatively rare in national investment policy measures. Since 2010, only about 20% of measures aimed at attracting investment related to facilitation efforts; 80% referred mostly to incentives and special economic zones. Also, among investment laws references to facilitation are rare; less than one fifth of such laws refer to relevant elements such as one-stop shops, transparency, or dispute prevention.
- Similarly, in the overwhelming majority of the existing 3'300 plus international investment agreements (IIAs), concrete investment facilitation provisions are either absent or weak, with the exception of clauses aimed at facilitating the entry and sojourn of personnel and clauses furthering the transparency of laws and regulations. More recently, international investment rulemaking has started paying more attention to investment facilitation.
- Online information portals and single windows are key tools to make information for investors more transparent, to improve consistent application of rules, and to enhance the efficiency of administrative procedures for investors. However, more than a third of information portals currently in existence contain only the minimum amount of information to qualify as business registration portals, and only about 10% of portals are complete.
- Overall, there is significant room for improvement in the effective implementation of investment facilitation policies. UNCTAD's Global Action Menu for Investment Facilitation is intended to fill a systemic gap in national and international investment policymaking, and to spur the debate on concerted global action on investment facilitation.
Cape Town's water restrictions - restricting or a necessary, new way of life?
"The drought that has impacted many regions within South Africa for a considerable length of time now has exposed the poor, or lack of, water management (monitoring and control) ability of many water institutions, as well as the difficulties and inability of municipalities and their consumers to be able to reduce their consumption when required" says Steve Gillham, General Manager: Engineering and Scientific Services, Umgeni water and advisory board member of African Utility Week, the leading annual conference and exhibition with a strong focus on water management, taking place in Cape Town in May.
He adds: "there are many hard lessons being learnt by the affected water institutions that need to be shared and documented to improve the response for future drought events. Responses have come from national, provincial, water boards and municipalities to dry to address the situation. Certain initiatives have been more effective than others".
Water becoming scarce commodity
It may come as a surprise to some that globally South Africa is classified as a water-stressed country, with annual rainfall of about 492 millimetres compared to other areas with around 985 millimetres. The Western Cape is in a situation where the threat of water shedding is looming and currently on high alert with level 3B water restrictions.
"This vital resource needs our help!“ says Nicolette Pombo-van Zyl, editor of ESI-Africa, a leading power and water trade publication and session chair at African Utility Week, “and considering that water is increasingly becoming a scarce commodity, time has come for us to become extra mindful of our water usage as a way of life going forward, even after the restrictions are lifted in the future."
She explains: "the question to ask yourself is what your household and company are using potable water resources on. We were in a similar situation with electricity load shedding and rallied around backup generators, energy efficient light bulbs and switching off equipment in standby mode."
"Let us not fall back into old habits"
"The same applies to water" Nicolette adds, "the solutions are endless and people are coming up with innovative ways to manage their water usage more effectively, such as attaching extension pipes to outlets to run grey water straight into the garden. Incidentally, research has shown that gardens, toilets, baths and showers use the most water. So concentrate on managing these areas. Consider putting a layer of mulch around trees and plants to slow evaporation, choose water wise plants, opt for a rock garden instead or find alternatives such as artificial grass."
ESI Africa’s editor says: "Around the house fix dripping taps, do not let the water run whilst brushing your teeth or washing your hands. Try a ‘dry’ shower by turning off taps whilst soaping up – be bold, inventive and imagine a life without water as your inspiration."
She adds: "t is also very inspiring to hear about big apartment blocks in the city that have organised to give all the residents a big 10 litre bucket each to collect their grey water which is then used to water the gardens and used to clean the building and outside facilities."
"Let’s use our social media (neighbourhood Facebook and Whatsapp groups) to help each other manage this precious resource more efficiently. And most importantly, when the rain does come, let us not fall back into old habits. And let’s not forget that South Africa is celebrating the annual National Water Week next month from 16-19 March to raise awareness while World Water Day takes place on 22 March."
Managing water services better
"Drinking water and wastewater utilities in Africa are struggling to cope with the increasing demand for services, especially in rapidly growing urban areas” says Evan Schiff, even director of African Utility Week. He continues: “responding adequately to this ever increasing demand necessitates strong and active partnerships between the private sector in particular and municipal governments".
The water track at African Utility Week will bring together experts from public and private sectors to support utilities and municipalities become more responsive and efficient in their practices.
Leading water and energy platform
African Utility Week takes place from 16-18 May 2017 at the CTICC in Cape Town, gathering over 7000 decision makers in the power and water sectors from more than 40 countries to source the latest solutions and meet over 300 suppliers. The expo will feature free to attend technical workshops and technology demonstrations.
KPMG is diamond sponsor
Already leading global advisory firm KPMG has confirmed that it is returning to African Utility Week, this time as its exclusive diamond sponsorship. Other long-running supporters and industry stalwarts EPG, Landis+Gyr, Ontec and Shell are also back as platinum sponsors while Conlog, Oracle and Vodacom are gold sponsors again.
Part of the event is Energy Revolution Africa, a new platform for community scale projects, will provide a unique forum for solution providers to meet with the new energy purchasers such as metros and municipalities, IPPs, rural electrification project developers and large power users, including mines, commercial property developers and industrial manufacturers.
African Utility Week and Energy Revolution Africa are organised by Spintelligent, a multi-award-winning exhibition and conference producer across the continent in the infrastructure, real estate, energy, mining, agriculture and education sectors. Other well-known events by Spintelligent include Agritech Expo Tanzania, CBM-TEC, Kenya Mining Forum, Future Energy East Africa (formerly EAPIC), Future Energy Nigeria (formerly WAPIC), Future Energy Central Africa (formerly iPAD Cameroon), iPAD Nigeria Mining Forum, DRC Mining Week and EduWeek. Spintelligent is part of the UK-based Clarion Events Group.
Dates for African Utility Week and Energy Revolution Africa:
Conference and expo: 16-18 May 2017
Awards gala dinner: 17 May 2016
Site visits: 19 May 2016
Location: CTICC, Cape Town, South Africa
Linkedin: African Power Forum
Ground-breaking UN-supported digital tool to enhance green finance
The United Nations environment agency and a leading Chinese online financial service provider today rolled out an innovative programme at the World Economic Forum Annual Meeting in Davos, Switzerland, aiming to stimulate the advancement of digital technologies in green finance.
The ground-breaking imitative, the ‘Green Digital Finance Alliance,’ is a partnership between the UN Environment Programme (UNEP) and Ant Financial Services Group (Ant Financial), China's leading online and mobile financial services provider.
“The Green Digital Finance Alliance is a unique partnership ensuring that we can align tomorrow's fintech-powered (financial technology) global financial system with sustainable development, said Erik Solheim, Executive Director of UN Environment.
Financing sustainable development, as one of the greatest challenges at the moment, requires ambition, innovation, and commitment, underpinned by effective collaboration.
“UN Environment is honoured to partner with Ant Financial in making green finance an integral part of the daily life of every individual and business,” he added.
The new initiative is committed to driving environmental risks, opportunities, incentives and choices into the decision-making across the financing value chain. And these can be achieved through market innovation, collaborative action and increased public awareness of sustainable development and green lifestyle choices.
“Ant Financial is a strong believer in green finance. Several of our products and services have been contributing to sustainable development,” said Eric Jing, Chief Executive Officer of Ant Financial.
One such innovation is Ant Financial’s app, which provides users with a carbon account, in addition to their credit and saving accounts. Ant’s 450 million users in China are now able to benchmark their carbon footprint and to earn “green energy” credits for reducing their footprint.
Moreover, Ant Financial has integrated this function into a social media experience, as well as committing to a complementary, tree-planting carbon offset programme. As of today, 72 million users are participating in the app.
“Leveraging mobile Internet, cloud computing and big data, we can encourage our hundreds of millions of users to participate in a green lifestyle,” said Mr. Jing, adding that “we hope that the Green Digital Finance Alliance will contribute to shaping and accelerating this development.”
Multimodal West Africa set to prepare Nigeria's transport and logistics sector for economic growth
Nigeria's leading transport and logistics experts will gather for the historic maiden edition of Multimodal West Africa 2017 (MMWA) from Tuesday, 14th to Thursday, 16th March 2017 at the Landmark Event Centre, Victoria Island, Lagos. Most of the industry stakeholders are excited about the Exhibition as they believe it will adequately reposition the Transportation and Logistics sector, which used to be noted for its huge contribution to the nation’s economy but has struggled to retain its position as a result of economic downturn.
As part of the commitment by Clarion Event West Africa, the organisers of the event, to deliver value and reinforce the essence of the exhibition as one with capacity to foster economic development especially at such a crucial time in the country; MMWA will run concurrently with the very successful Nigeria Manufacturing Equipment Expo (NME) and the Nigerian Raw Material Expo (NIRAM) at the Landmark Expo Centre.
The Exhibition which has the Nigeria Ports Authority as Event Patron will also witness strategic discourse sessions which will be delivered by key industry experts. These include Hassan Bello, Esq, The Executive Secretary, Nigerian Shippers Council who will speak on "ntegrating Port Capacity with Inland Access"; Hajia Aisha Ali Ibrahim, FCILT,FNIS, Port Manager, Nigerian Ports Authority who will discuss, "Woman in Logistics and Transport"; Mr. Alban Igwe, FCILT, Deputy National President, Chartered Institute of Logistics and Transportation will talk on "Towards a Global logistics hub in West Africa"; Mr. Gabriel Aghunor, General Manager, Gadol Nigeria, on "Dealing with Large Container Vessels"; Mr. Olumide Adesoun and Mr. Suleiman Ibrahim of Pwc will both discuss "The Challenges and Opportunities of African Ports"
Others are Mr. Francis Ehiguese, FCILT, Member, Governing Council, Chartered Institute of Logistics & Transport who speaks on "Building Capacity for Transport Network Integration"; Mr. Babatunde Omolabi, Warehouse Manager, Guinness Nigeria will be speaking on, “Warehouse Management and Best Practcies” while Dr. Obiora E. Madu, Chief Facilitator/CEO, Multimix Academy, Nigeria will address the topic, “The importance of Data, Logistics and Competiveness”.
Speaking on the Exhibition, Captain Samuel Olarewaju, (FICS), Chairman, Nigeria Chapter of the Institute of Chartered Shipbrokers advised all stakeholders/participants to make the best of the huge opportunities Multimodal West Africa presents; as it is capable of improving transport and logistics business’ contribution to the sub-region’s economic development. He reiterated the need for synergy in the activities of the port & terminal operators, shipping lines, freight forwarders and other stakeholders, which he believes can be achieved during the 3-day event.
Dele Alimi, Managing Director, Clarion Events West Africa revealed that the Multimodal West Africa Exhibition and Conference has been designed and targeted to engage all major stakeholders in the industry from across all the sub-sectors and the value-chain under one roof with a view to help review the sector and proffer lasting solution to the various challenges in the sector. According to him, Clarion Events is providing a platform for players in both public and private sectors to exchange notes and ideas and design solutions that will be mutually beneficial and help move the sector forward and ultimately impact positively in Nigeria’s quest for sustainable transport and logistics sector.
LinkedIN: MultiModal West_Africa
IMANI Report: Fighting Waste and Corruption starts at the Presidency
In less than two months, the Government’s first budget is likely to be ready. As far as IMANI is concerned, the budget development process offers the government the opportunity to register some real achievements within 100 days of taking office. All the President has to do is to take a scalpel to the budget of a strangely named super-entity, christened the Office of Government Machinery (OGM), an amorphous receptacle hosting such agencies as the Office of the President, Office of the Head of Civil service, National Security, assorted Commissions and a potpourri of ‘councils’ of all kinds, and start to trim and shape.
Due to this confusing mashup, we today have the Presidency of Ghana currently involved in supervising poultry farmers in the sale of eggs, distributing fishing nets, and promoting condoms, all at highly inflated costs!
It is not surprising that some of the biggest scandals we have seen took place in agencies locked in this Office of Government Machinery (OGM) structure, such as SADA.
To tame this runaway OGM horse before it leaves the stable, the following actions are critical:
1. Immediately take steps to rationalize the agencies placed within this poorly coordinated structure and reduce the number of entities reporting directly to the President to the bare minimum. Many of the mandates can be aligned with Ministerial mandates and placed in tighter reporting systems within the Ministries.
2. Outline plans and strategies to reverse the practice of overspending and establish key indicators that the public can hold government agencies accountable to. Reasons for any overspending should be clearly explained in audit reports which should be timely and available to the public.
3. Implement an institutional audit to remove redundancies like the Ghana AIDs Commission, whose role can fit cleanly within existing infectious disease programs at the Ministry of Health. The institutional audit should be followed by a financial restructuring with the aim of saving $50 million by 2018. With competitive procurement and a dedicated financial management system across the leaner remnant of the reformed OGM, 40% of the OGM budget in the last financial year can be shaved off.
4. To galvanise the political will for these drastic reforms, radical transparency is required. The government should proceed to publish the contracts awarded in the various units within the Presidency and redact only the sections of national security contracts of proven sensitivity.
The beautiful thing about implementing these recommendations is that benefits shall be evident within 100 days from January 7th, 2017, and considerable fiscal impact would be felt well ahead of the 18-month timeline for other government expenditure reforms across the government and the work of the Special Prosecutor to start showing results. What could be more urgent in the President’s in-tray than this?
Global Rise of Cities Poses Challenge to Sustainable Urban Development
- The World Economic Forum releases report on Harnessing Public-Private Cooperation to Deliver the New Urban Agenda
- A-to-Z guide on the implementation of sustainable urban development and housing solutions following the adoption of the New Urban Agenda at the Habitat III conference in October 2016
- Public-private cooperation is key to addressing the issues and opportunities presented by urbanization
- The report highlights the key actions that must be taken by government, the private sector and civil society to achieve sustainable urban development, and includes best practices and innovative solutions from around the world.
Geneva, Switzerland, 1 February 2017 – The global rise of cities has been unprecedented. Every week, nearly 1.5 million people become urban dwellers. By 2050, the urban population will account for more than two-thirds of the world’s population.
“Cities are evolving faster than ever and encountering unprecedented demographic, environmental, economic and social challenges. Sustainable urban development is the current global priority; however, most cities lack the capacity and resources to ensure that the city develops in a sustainable manner. Multistakeholder cooperation is essential to fill this gap and build transformation strategies to better shape urbanization outcomes and lead cities towards growth, well-being and prosperity for all,” said Alice Charles, Community Lead, Infrastructure and Urban Development, World Economic Forum.
In recognition of the new challenges facing cities and the need to reinvigorate the global commitment to sustainable urbanization, the UN General Assembly convened the United Nations Conferences on Housing and Sustainable Urban Development (Habitat III) in Quito, Ecuador, on 17-20 October 2016. The conference resulted in the adoption of the New Urban Agenda, a concise and action-oriented plan that provides a new global strategy for sustainable urban development and housing over the next two decades.
Joan Clos, Undersecretary-General and Executive Director of the United Nations Human Settlements Programme (UN-HABITAT), said, “The New Urban Agenda is a set of strategies that provide concrete actions to achieve sustainable urban development, setting out clear funding mechanisms and effective means of implementation and monitoring. It is an ambitious agenda that aims at paving the way towards making cities and human settlements more inclusive and ensuring that everyone can benefit from urbanization.”
The World Economic Forum has been actively engaged with UN-HABITAT to strengthen the implementation of the New Urban Agenda. In its report on Harnessing Public-Private Cooperation to Deliver the New Urban Agenda, the Forum highlights the role of the private sector in the delivery of urban infrastructure and services in all aspects of the urban value chain, including policy-making, planning, design, implementation, operation and maintenance, monitoring and the financing of urban service delivery.
Gregory Hodkinson, Chairman of Arup Group in the United Kingdom, said, “To address city challenges and achieve positive transformation, city leaders and the private sector need to be engaged in an environment based on integrity and trust to encourage the private sector to commit its resources, skills and experience towards the development and operation of the efficient, liveable, resilient and prosperous cities that the world needs.”
The public and private sectors must create a structured engagement either through informal consultation or formal agreements to drive cities towards social, environmental and economic sustainability while enhancing urban equity, quality of life, social services, resiliency, trust, integrity, innovation, cohesion and inclusiveness, he said.
Mauricio Rodas, Mayor of Quito, Ecuador, said, “City authorities are closest to the citizens and ground-level realities and therefore play a key role in providing the impetus for progress. With the formal adoption of the New Urban Agenda, the Municipality of Quito has commenced the process of translating the principles of the New Urban Agenda into policies and actions, and looks forward to the participation of the private sector and the value they bring in terms of innovation, resources and expertise.”
The report recommends that the following actions be taken up by respective stakeholders:
|Public Sector Actions||Private Sector Actions|
Hazem Galal, Global Leader of Cities and Local Government at PwC, United Arab Emirates, said, “Urbanization dynamics have evolved over time and call for a transition from a business-as-usual approach to one that is highly collaborative, enabling the private sector to co-create and co-design sustainable urban transformation agendas. Government and the private sector must play their part by prioritizing their actions to reflect cities’ unique context, immediate and long-term priorities, and the created impact to achieve sustainable development.”
The World Economic Forum plans to continue the exchange of ideas on sustainable urban development among corporate leaders in infrastructure, engineering, construction and urban services, and senior level policy-makers and city officials with the aim of implementing the New Urban Agenda.
Working in collaboration with local partners, the World Economic Forum’s Future of Urban Development and Services Initiative serves as a partner in transformation to cities around the world as they seek to address major urban challenges and transition towards smarter, more sustainable cities in a rapidly urbanizing world.
The SDGS: A US$12 Trillion Opportunity for Business
We can’t achieve a sustainable world without business - and there is no future for business in an unsustainable world. The good news: companies that align their business strategies with the U.N. Sustainable Development Goals (SDGs) in four key sectors have the opportunity to unlock more than US$12 trillion and create 380 million jobs by 2030. This was the key finding of the Business and Sustainable Development Commission, whose “Better Business, Better World” report identified 60 ‘hotspots’ ripe for corporate engagement and investment, and offered six ways for companies to become champions of the SDGs. Explore the report here...