MAYORS FORUM
Embracing disruptive innovations and financing infrastructure topped the agenda of the 9th WCS Mayors Forum. Delegates explored how liveable cities could learn and adopt new technologies and find more sources to fund infrastructure projects.
Globally, there is a renewed call to embrace innovation with fresh mindsets ready for experimentation and adaptation; to reimagine the city as a living laboratory to try out new ways of building a city. For cities to nurture and embrace innovation, the mayor’s role must go beyond addressing municipal issues to telling a new and inspiring story about the future of the city, persuading citizens to buy into the benefits of adapting to technological change and participating more in shaping development.
Cities must re-examine their financing options beyond traditional taxation, adapting to marketplace shifts such as the rise of the virtual economy with new players like online taxi services. As city governments and commercial players enter into closer partnerships, they must work harder to win the trust of citizens so that, together, the city can present a more integrated and attractive case for private sector investment.
View Mayors Forum 2018 Report