The so-called “Motor City” Detroit is being transformed into the global headquarters of the World Economic Forum’s Centre for Urban Transformation, announced a statement. The goal of the new centre is to strengthen public-private collaboration in cities to foster more inclusive and sustainable models for urban development.
Around the globe, cities are facing unprecedented challenges, according to Jeff Merritt, Head of Urban Transformation, WEF. In the statement, he comments that these challenges range from COVID-19 to climate change, “exposing deep systemic inequities”. He says: “As we chart a course towards a more sustainable and equitable future, government cannot carry this burden alone; increased public-private cooperation is essential.”
The WEF will mobilize the global business community to commit expertise and resources in support of local communities and advancing models for inclusive urban development. It will also explore new approaches to expanding urban services and economic opportunity in low-income and traditionally marginalised communities.
To celebrate the launch of the Centre for Urban Transformation in October, there will be a series of events and announcements, showcasing innovative models of urban transformation from around the globe. Representatives from the WEF’s global network of leading companies, governments, civil society organizations and academic institutions are supporting the project.
“Congratulations to the City of Detroit and thank you to all the people who championed this iconic American city as home of the World Economic Forum Global Centre for Urban Transformation,” said Michigan Governor Gretchen Whitmer. “Detroit is the perfect place to leverage that approach to improving urban living worldwide.”
