Cities as Places to Innovate, Trade, and Work

The Policy Brief Cities as Places to Innovate, Trade, and Work, published by the International Growth Centre, focuses on the vital role of cities in national growth, and the opportunity to take hold of emerging global industries and trends. It discusses how to do current approaches more sustainably, implement new sustainable approaches, and adjust to shrinking opportunities in fossil fuels.

The climate crisis urgently calls for a new environmentally sustainable and inclusive approach to growth. Estimates suggest that inaction could cost the African economy between 10-15 per cent of GDP by 2050, and push an additional 35 million people in South Asia into poverty by 2030 — doubling existing levels. The only sustainable long-term option is shifting to a resource- and carbon-efficient development trajectory, and investing in strategies for adaptation.

Abstract based directly on source.