Gangwon, South Korea, 22 July 2015-- One mayor, senior and technical municipal officials from Nepal, Bangladesh, Bhutan, Cambodia, India, Indonesia, Mongolia and Vietnam gathered at the International Urban Training Centre (IUTC) in Gangwon Province, South Korea to share their experiences on Urban Indicators and learn about Urban Policies and Planning Strategies for Achieving Prosperity in Cities.
“The City Prosperity Initiative” presents UN-Habitat’s new global initiative that aims to reinforce local capacities for cities to improve well being and prosperity through a new monitoring tool (city prosperity index) a policy dialogue based on a conceptual framework (the wheel of prosperity) and the creation of action plans with sustainable urban solutions. The lecture presents both the origin of the city prosperity index and its evolution into a global initiative.
Cities have emerged as the focus for change and the venue where policies are realized. They have been able to forge new linkages among actors and offer innovative solutions, with the potential to be part of national agendas, and to influence regional and global development. However, poor planning, the absence of effective governance and legal frameworks, fragile institutions, low capacity of local authorities, and the lack of a sound monitoring mechanism, diminishes the possibility to promote long-term sustainable urban development.