Smart Cities Policies and Financing

Book excerpt: Smart Cities Policies and Financing: Approaches and Solutions is the definitive professional reference for harnessing the full potential of policy making and financial planning in smart cities. It covers the effective tools for capturing the dynamic relations between people, policies, financing, and environments, and where they are most often useful and effective for all relevant stakeholders. The book examines the key role of science, technology, and innovation (STI) - especially in information and communications technologies - in the design, development, and management of smart cities policies and financing. It identifies the problems and offers practical solutions in implementation of smart infrastructure policies and financing. Smart Cities Policies and Financing is also about how the implementation of smart infrastructure projects (related to the challenges of the lack of financing and the application of suitable policies) underlines the key roles of science, technology and innovation (STI) communities in addressing these challenges and provides key policies and financing that will help guide the design and development of smart cities. - Brings together experts from academia, government and industry to offer state-of- the-art solutions for improving the lives of billions of people in cities around the globe - Creates awareness among governments of the various policy tools available, such as output-based contracting, public-private partnerships, procurement policies, long-term contracting, and targeted research funds in order to promote smart infrastructure implementation, and encouraging the use of such tools to shape markets for smart infrastructure and correct market failures - Ensures the insclusiveness of smart city projects by adequately addressing the special needs of marginalized sections of society including the elderly, persons with disabilities, and inhabitants of informal settlements and informal sectors - Ensures gender considerations in the design of smart cities and infrastructure through the use of data generated by smart systems to make cities safer and more responsive to the needs of women - Demonstrate practical implementation through real-life case studies - Enhances reader comprehension using learning aids such as hands-on exercises, checklists, chapter summaries, review questions, and an extensive appendix of additional resources