Cities worldwide are embracing the power of modern technology as they grapple with the vast environmental and systemic challenges the global pandemic has brought sharply into focus.
A report by KPMG found that the shift in global attitudes to towns and cities has meant centralised models are making way for more bespoke approaches to urban life; smart and digital.
Customer-centric solutions are replacing traditional urban planning. So, the traditional one-size-fits-all approach to urban policy and planning is becoming increasingly obsolete.
The intentional adoption of smart, digital, experience-centric solutions have become indispensable in overcoming today’s challenges and aligning city services to the future needs and wellbeing of the public.
Tom Walker, co-head of global listed real assets at Schroders, joined FTAdviser to talk about the future of our cities, the infrastructure needed to support them and what advisers should be thinking about on behalf of their investor clients.
By the end of this video, you should be able to:
- explain how the pandemic has impacted cities;
- summarise how technology is changing cities, and;
- illustrate what the sustainability considerations are for cities in the future.
This video is worth 30 minutes of CPD. To bank your CPD, please answer the questions below after watching the video.