Public Space as driver of Equitable Economic Growth: Policy and Practise to Leverage a Key Asset for Vibrant City Economies
Networking EventsRoom 407
Lead organization:
- UK Department for International Development
Partners:
- Cities Alliance Secretariat Commonwealth Local Government Forum (CLGF) Department for International Development (DFID) Ford Foundation Institute For Housing and Urban Development Studies (IHS) of Erasmus University Rotterdam United Nations Capital Development Fund (UNCDF) UN-Habitat Women in Informal Employment: Globalizing and Organizing (WIEGO) World Bank
Public space is a key enabler of economic development in cities. Streets, sidewalks, markets, squares and parks that are accessible, safe and inclusive are part of the basic infrastructure that supports the economic vibrancy and growth of cities. They are key to the productivity and wellbeing of workers and formal and informal businesses alike by being primary sites of economic, social and cultural exchange.
This networking event, hosted by the Department for International Development (DFID), elaborates on the potential of public space as a driver of equitable economic growth in cities. Building on the experience of the diverse membership of the Cities Alliance Joint Work Programme for Equitable Economic Growth in Cities the event highlights viable strategies and policy approaches available to cities to leverage the asset of public space as an enabler of economic and livelihood opportunities for all. A panel discussion will draw on the perspectives of Cities Alliance Members how inclusive public spaces can serve as a driver of vibrant city economies. Recognising the function of public space as a key asset to attract public and private investment and facilitate a reliable business environment, the discussion will have particular reference to resources strained secondary cities in low income and least developed countries.
The event supports the operationalisation of the commitment in the New Urban Agenda to promote 'safe, inclusive, accessible, green and quality public spaces as drivers of social and economic development, in order to sustainably leverage their potential to generate increased social and economic value' (New Urban Agenda, Paragraph 53). By gathering the Cities Alliance members around these issues, the event increases the momentum to find concrete local solutions in support of an increasing Global Agenda for Cities.