Unlocking Industries’ Potential for Sustainable Urban Development.
Cities are at a crossroads. Possessed of both economic and political strength, they have the capacity to guide their countries forward along the path to sustainable development. Over the past decades, with advancements in technology, industry and urban infrastructure , cities have come to contribute 70% of global wealth. Due to a lack of national urban policy and integrated urban development, however, precious resources have become increasingly compromised throughout the globe . With the world developing rapidly across different sectors, there is an urgent need for an inclusive approach to guide sustainable city development. It is estimated that the urban population will increase by 2.5 billion people and comprise 66% of the total global population by 2050 (UNDESA, 2014). Meanwhile, the economy is expected to triple, with the addition of more industries directly affecting the urban environment and its resources. The New Urban Agenda, adopted at the HABITAT III conference in Oct...