MIPIM to host event on CPI to discuss assessment of sustainable urban development of cities worldwide

MIPIM to host event on CPI to discuss assessment of sustainable urban development of cities worldwide

15th March, 2017

Palais des Festivals, Cannes

10:00 to 10:45

"City Prosperity Initiative" - How to assess sustainable urban development of cities worldwide?

UN-Habitat and FIABCI decided to jointly promote innovative approaches for city monitoring and analysis through the implementation of the City Prosperity Initiative. The conference that will take place in Cannes at MIPIM - the worldwide real estate event – on March 15th, 2017 aims to acknowledge the need for innovative methods of assessing the level of prosperity in cities and further the collaboration in the strengthening of the City Prosperity Initiative (CPI). With the support of FIABCI, UN-Habitat will integrate a qualitative method of data collection called the Circle of Prosperity to complement and integrate the quantitative measurement of the City Prosperity Index.

Integrating a qualitative approach within the City Prosperity Initiative framework will offer an integrated method to develop a more comprehensive understanding of the urban area. The partnership between UN-Habitat and FIABCI aims to create a tool to assess how people understand and feel about the different dimensions of prosperity, providing qualitative feedback on the perceived city’s prosperity and sustainability. This will be a preliminary tool to integrate and orient the in-depth quantitative analysis of the City Prosperity Index.

Perception surveys are an increasingly integral component of a business- and citizen-centered approach to performance and regulatory reform, as a means to assist governments to produce better results in an open, participatory system. The recommendations stemming from the perception survey results could help drive cities’ future communications strategy, facilitate greater collaboration between the government, private sector and civil society, and establish a baseline and targets to measure progress in the future to achieve higher levels of shared prosperity.

The Circle of Prosperity highlights differences and gaps in the different dimensions of prosperity in order to improve urban management. This perception survey provides an opportunity for local authorities to connect and interact with citizens and urban experts. It is an opportunity for governments to receive systematic feedback on the level of prosperity of the city, promoting a more inclusive participation in decision-making and urban management process, valuing the fundamental role of stakeholders in the decision-making process.