World Smart Capital Initiative
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World Smart Capital Initiative Details
Cities want to share and learn Cities worldwide are exploiting a host of creative and innovative solutions to reduce energy consumption, water use, waste and emissions, while also being engines of culture, creativity and economic activity. The WSC Concept The World Smart Capital concept provides the research and analysis that will inform strategy, but crucially also bring the mindset and the ability to make things happen in the cities. The World Smart Capital concept will embrace not only a city's endowment of hard structure (‘physical capital'), but also the availability and quality of knowledge communication and social infrastructure (‘intellectual and social capital'). The interests of corporations, universities, research institutions, governments and cities are reflected in the World Smart Capital Initiative. On one side the cities will be influenced and encouraged to study what has already been done by the application of technology and software. On the other hand it is also about the employment of technology as a way to help public and private actors make decisions and inform citizens of the consequences of their actions. The World Smart Capital concept is new, fresh and different from what's happening now. Right now, there is no single annual, global premier CITY programme that joins the public and private interests. Existing events have all separate, but incomplete pieces of the city agenda.
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