Impact Investing for Smart Cities
The world’s about to change radically, and with wise and targeted investments, we can make sure those changes solve our greatest challenges.
Leave your comment below, or reply to others.
Please note that this comment section is for thoughtful, on-topic discussions. Admin approval is required for all comments. Your comment may be edited if it contains grammatical errors. Low effort, self-promotional, or impolite comments will be deleted.
Read more from the Meeting of the Minds Blog
Spotlighting innovations in urban sustainability and connected technology
The country has provided hundreds of billions of dollars to recover from recent coastal storms but done little to rethink the existing policies and programs that contribute to coastal property losses, or to define new measures that account for the new realities of more damaging storms and rising sea levels.
A key first step toward smarter policies is to improve disclosure of risk associated with coastal properties. This will require better mapping of areas at risk of both storms and rising seas. National standards are needed for disclosure of coastal flood risk prior to sale. Lenders and supporting agencies need to evaluate and disclose coastal flood risk.
By incorporating multiple transport modes into a single application, users can benefit from personalised services which recognise individual mobility needs, easier transactions and payments, and dynamic journey management and planning.
A fully comprehensive MaaS offering could mean the ownership of private vehicles is no longer necessary for people. As mobility needs begin to be provided by a range of services through a single platform, usership could replace ownership.
The potential of MaaS has been recognised around the world. In the UK, the government has included MaaS within its transport strategy. An expert committee of Members of Parliament concluded that MaaS has the “potential to transform how people travel” by boosting public transport, reducing congestion, and improving air quality.
The water-energy nexus is not new. The concept that our water and energy systems are reliant on each other is sometimes paired with a third issue, like food security or public health. This can make it more relevant to our daily lives. Despite a basic understanding of resource interdependencies, city and utility leaders still allow planning and implementation processes to remain predominately separate. A common local scenario finds the water utility facing system upkeep alone, the energy utility not considering other utility issues or city goals as they operate, and city leaders generally focused on more visibly troublesome urban systems, like housing or transportation.