City2City

Challenges and Opportunities for Local Economic Development

Cities actively promote local economic development by creating employment opportunities that build on the comparative advantages and unique qualities of their localities. Some cities are hubs of innovation and entrepreneurship, such as Bengaluru, while others are centers of manufacturing, such as Dhaka. In all instances, the choices cities make to create an enabling environment for development and growth should depend on dialogue and partnership among local-level stakeholders (e.g., employers, workers’ organizations, entrepreneur organization and informal workers), based on an understanding of business opportunities and the labour environment to target skills training, support local enterprises to thrive, and extend social security coverage to informal workers.

UNDP has worked with local authorities to provide governance and economic development support. The Integrated Framework for Local Governance and Local Development developed by UNDP, UN Capital Development Fund and UN Volunteer, focuses on the key role of subnational authorities and actors in development and promotes dialogue and consensus-building platforms where the public and private sectors, civil society, academic and research institutions are actively engaged in planning and using local resources in a sustainable manner. The interlinked elements of the approach are:

  • Effective multi-level governance for territorial development
  • Equitable, effective and sustainable delivery of goods and services
  • Inclusive decision-making processes involving women and men
  • Secure, stable and peaceful environment for development where rule of law prevails
  • The sustainable use and management of natural resources
  • Increased economic opportunities and jobs for women and men
  • Design of resilient, low-carbon economic activities to reduce emissions and adverse effects of climate change

Latest

19 Nov 2019 - Urban Aerial Mobility – the movement of goods and people through the skies – has long been a focus for city builders, policymakers, engineers and urban designers trying to understand how unlocking the elusive third dimension of transportation could positively transform people’s lives.

Approved

19 Nov 2019 - Singapore is the world’s smartest city. That’s according to a new survey Published by Swiss business school IMD and the Singapore University of Technology and Design - the IMD Smart Cities Index - which looked at how well cities are adopting digital technologies and improving the lives of the people who live there.

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Location: The Westin Lima Hotel & Convention Center, Limatambo 1, Calle Las Begonias 450, San Isidro, Lima, Peru

Event Date:
05/12/2019 - 09:00 to 14:00
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15 Nov 2019 - While hi-tech cosmopolitan centres like Milan flourish financially and culturally, former industrial towns continue to decline.

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15 Nov 2019 - In order to deliver clear results that enhance regional competitiveness, city-regions need to prioritize, design, and operationalize metro-to-metro economic partnerships to advance an evolution from global exchange to strategic economic collaboration. 

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13 Nov 2019 -  By the end of the century, none of the world’s largest 20 cities will be in China, Europe, or the Americas. Africa, meanwhile, will host 13 out of 20, including the top 3.

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12 Nov 2019 - The United Nations estimates that two-thirds of the world’s population will live in cities by 2050. In line with this prediction, more than 40 countries have built hundreds of new cities since the early 2000s, according to Forbes.

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12 Nov 2019 - Four major forces are shaping cities of the future. How can they thrive in the face of challenges and change?

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11 Nov 2019 - At a time when global warming and climate change are pressing issues, our inventions have a significant impact on the environment and the ecosystem. The construction industry is important to support the rapidly growing populations’ living aspirations, but certainly not at the cost of mother nature. 

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11 Nov 2019 -  In Chile, the National Urban Development Policy, Sustainable Cities and Quality of Life (NUDP 2014), lays the foundations and guidelines for the improvement of our cities, not only in their physical aspects but also in cultural aspects and in pursuit of sustainable objectives.

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11 Nov 2019 - The City of Leeuwarden became an innovating city with the UN Global Compact – Cities Programme in 2014 and has continued its efforts in sustainable development by officially becoming a Global Goals municipality. 

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11 Nov 2019 - The UN Global Compact - Cities Programme, the African Forum for Urban Safety (AFUS) and United Cities and Local Governments Africa (UCLG-A) will be hosting a workshop as part of the upcoming UCLG Congress, focusing on urban safety and how to implement ethical city projects to advance the SDGs at the local level.

Approved