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1. Are Urbanites Willing to Ditch Cars for More Sustainable Commutes?

Author:
Samuel Kling and Alexander Hitch
Publication Date:
04-2021
Content Type:
Working Paper
Institution:
Chicago Council on Global Affairs
Abstract:
A recent poll from the Chicago Council on Global Affairs and The Harris Poll shows urban and suburban residents cities are looking to sustainable mobility to forestall a potential long-term shift to solo driving. With public transit ridership down sharply during the COVID-19 pandemic, cities are looking to sustainable mobility to forestall a potential long-term shift to solo driving. Sustainable mobility options such as public transit, cycling, and e-scooters can offer safe, affordable travel to residents. They can make transportation networks more resilient. Significantly, they can also reduce emissions from transportation, the source of about one-third of total carbon emissions in C40 member cities. Because many urban trips are short–in Chicago, half are less than three miles–advocates have long noted the potential for some solo car trips to be replaced with cycling, walking, e-scooters, or the bus. But how willing are urban residents to replace car trips with more sustainable modes? A recent poll conducted by the Chicago Council on Global Affairs and The Harris Poll surveyed urban and suburban residents in six large US metropolitan regions: New York City, Chicago, Los Angeles, Philadelphia, Houston, and Phoenix. The survey data represent the aggregated responses of residents across these metropolitan regions.
Topic:
Infrastructure, Public Opinion, Cities, and Survey
Political Geography:
North America, Chicago, Global Focus, and United States of America

2. Untapped Wealth of Cities

Author:
Alexander Hitch
Publication Date:
05-2019
Content Type:
Special Report
Institution:
Chicago Council on Global Affairs
Abstract:
For many cities, finding innovative ways to fund infrastructure projects, pay off existing public debts, and meet recurring budget shortfalls is a perpetual challenge. Yet city leaders are often unaware of the value of their publicly-owned assets, and how to leverage this value for the common good. Many cities worldwide are facing the concurrent challenges of deteriorating infrastructure, demands for new development, and requests for expanded services, all within constrained budget parameters. PwC Megatrends expects, for example, that $8 trillion in infrastructure spending will be needed in New York, Beijing, Shanghai, and London over the next decade. As cities age and grow, the pressures on both infrastructure and on local governments increase faster than cities can respond. To support their balance sheets, city leaders are looking for new, creative sources of revenue, independent of tax increases or allowing the whole-scale privatization of public assets, such as airports, harbors, sewerage, and unused real estate. Cities must understand how to unlock the wealth of these public assets to generate future cash flows and manage the governance and accounting processes to ensure long-term stability and returns. A novel approach to solving public-sector budget shortfalls is untapping the value of their commercial assets through private and professional management. Publicly-owned commercial assets include real estate, such as buildings and land, but also operational assets, which include utilities, such as energy and water. Leveraging public wealth without adding additional taxes, slapping on user fees, or privatizing city assets provides a more politically palatable safety valve as cities continue to see challenged balance sheets. However, this is highly dependent on the “best use” of the asset, and who exactly decides how the asset must be transformed into a more valuable entity. Are there specific assets that should be off-limits? Finally, how can city leaders build the political will in countries where this is yet to be implemented?
Topic:
Infrastructure, Budget, Urban, and Cities
Political Geography:
Global Focus