2024-05-30-KPMG_Global-Shaping_cities_to_deliver_value,_now_and_into_the_future_25页_7mb

2023 Asia Pacific Cities Summit & Mayors’ Forum: Shaping Cities of Value

1. Core Framework: Cities of Value

Cities generate multiple layers of value (social, economic, environmental, etc.) and require balancing three pillars:

• Digital: Technology-enabled services, data-driven governance, and inclusive digital experiences.
• Physical: Housing affordability, polycentric urban planning, and resilient infrastructure.
• Sustainable: Decarbonization, circular economy, and social equity.

Three enablers support these pillars:

• Collaboration: Partnerships across government, private sector, and communities.
• Citizen Centricity: Prioritizing resident needs through participatory governance.
• Funding & Financing: Accessing sustainable capital for urban innovation.

2. Key Insights from City Leaders’ Forum

• Digital:
  • Prioritize ethical AI and data privacy to build public trust.
  • Design reusable digital assets to maximize ROI and address evolving citizen needs.
• Physical:
  • Develop polycentric cities to enable "work, live, play" proximity, reducing congestion.
  • Reimagine urban spaces (e.g., repurposing industrial areas) for inclusive growth.
• Sustainable:
  • Address climate change through holistic strategies, integrating environmental and social goals.
  • Implement circular economy models to reduce waste and resource consumption.

3. Case Studies

• Daejeon City (South Korea):
  • Smart city initiatives (digital twin, IP marketplace) enhance economic and social value.
• Kaohsiung City (Taiwan):
  • Wastewater recycling project achieves net-zero carbon goals while addressing water scarcity.
• Auckland Council (New Zealand):
  • Integrated climate action plan incorporates Māori knowledge and community partnerships.

4. Future-Focused Strategies

• Digital: Build digital foundations for scalable solutions; democratize data with safeguards.
• Physical: Reorganize urban spaces for adaptive reuse; invest in modular, eco-friendly infrastructure.
• Sustainable: Reduce whole-life emissions; promote inclusive growth through multi-sector collaboration.
• Funding: Leverage private capital; adopt innovative financing models for long-term viability.

5. Forward-Looking Ideas: City of Fortuna (2040)

Top three initiatives:

1. AI Technology: Equitable decision-making through AI-driven governance.
2. Modular City: Reusable building blocks for resilient, sustainable urban development.
3. Share Tank: Open platform for sharing city solutions across networks.

6. Conclusion

City leaders must balance short-term actions with long-term vision, prioritizing collaboration, inclusivity, and sustainable innovation to create Cities of Value.