Abstract

Conceptual approaches to the definition of global cities are studied. The formation of global cities is analysed by regions. After an analysis of the world rankings of global cities, the author determines that the five leading cities – New York, London, Paris, Tokyo and Hong Kong – have remained unchanged in recent years. An assessment of global initiatives to stimulate cities to implement environmental policy is given. The strategy of sustainable development of one of the global cities is considered on the example of Sydney and its integrated environmental development. The experience of the largest Ukrainian cities in the formation of environmental priorities in their development strategies is studied.

Highlights

  • Background studies of a cityDialogue forums and consensus conferencesSystematic analysis of background environmental conditions in a given area Resource footprinting Material flows analysis Strategic Impact or Sustainability Assessment Systems to take measurements at regular intervalsEcoBudget, EMAS or ISO 14001

  • More than 80% of world GDP will be generated in cities, so urbanization will be able to make a significant contribution to sustainable growth given that quality governance is ensured through increased productivity and opportunities created for the development of new ideas and innovations (The World Bank, 2020)

  • Accelerating pace of urbanisation in all countries and the developing pool of booming cities and large agglomerations with over 10 million residents create potential economic opportunities for companies and citizens, but at the same time increases the burden on the environment

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Summary

Literature review and problem statement

Creation of global economic networks contributes to the spread and deepening of globalization processes, for which cities are the main drivers of economic growth and development. Leading scientific schools have formed a fairly broad terminological apparatus to define the concept of global cities, which define cities as: centres of economic activity, decision-making centres, centres of information and technological networks, centres of best practices in cultural and social spheres, etc. Skavronska (2014) notes that global cities are urban conglomerates, through which all economic activity (financial relations, international trade, political power, latest technologies, organization of sports megaevents) in the world spreads. Maksymchuk (2017) propose to consider global cities in terms of economic, political, ideological and logistical approaches. Global cities are points of concentration of economic, institutional, human and cultural capital, which form as gravity wells for investment, innovation and migration flows, with extensive infrastructure and a developed system of governance with a population of over 10 million people. There is a change in priorities, which may affect the pace of urbanization and related trends in the future

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