Economic Foundations for Sustainable Urbanization: A Study on Three-Pronged Approach: Planned City Extensions, Legal Framework, and Municipal Finance
Sustainable urbanization requires integrated planning, as it allows cities to come up with a common vision for their development. Lack of integrated action often leads to sub-optimal results and undermines a city’s economy and quality of life. As a result, UN-Habitat promotes the Three Pronged-Approach to achieve sustainable urban development, which is founded on a policy triangle comprised of good governance, urban design and municipal finance. This publication was used to discuss the New Urban Agenda (NUA), the UN-wide policy on urbanization that takes place every two decades.
Through this publication, UN-Habitat along with ‘Urban Morphology Institute, Paris’, attempt to show the importance of obtaining parallel results in all the three prongs of urban planning. This publication also sets the basis to select a set of metrics and indicators to measure the components of the Three Pronged-Approach and illustrates how these indicators affect urban productivity. This an amended and expanded second edition (March 2017). Co-authors, Marco Kamiya (UN-Habitat) and Serge Salat, Louis Bourdic (Morphology Institute, Paris)