With almost two thirds of the world population projected to live in urban areas by 2030 (estimated 6.3 billion people), cities can face issues such as poverty, environmental degradation, poor air and water quality to name just a few.
This presents a significant opportunity for technology platforms to enable a balanced, top down approach between the 17 Sustainable Development Goals and existing metrics used by stakeholders when evaluating new projects, such as time, quality, cost and ROI.
The ontology and frameworks layer provides a balanced, intertwined approach between SDGs and ESGs ensuring relevant objectives are pursued by all stakeholders, bringing transparency, clarity and consensus in a very complex domain space. Efficacy management ensures sustainable ROI is achieved for all stakeholders. Each stakeholder has a specific view into the system, which is aligned with their role in the project.
The digital twin layer, a component provided by our partner CityZenith, integrates real-time data from all key infrastructure components and allows stakeholders to visualise, simulate, predict and prescribe actions that will minimise operational risks from existing and new projects.
The Built environment is enhanced with IoT and relevant communication infrastructure to support real-time data feeds and controls. This allows the implementation of automated, real-time services which improve the quality of life for citizens while monitoring relevant objectives to ensure continuous alignment with SDGs.
Reduce time to access finance and receive immediate feedback on SDG scoring so projects can be amended at the design stage, avoiding costly workarounds during the implementation phase. Clarity on projects qualification criteria.
Must consider SDGs (incl. ESGs) outcomes management as importantly as yield and return on investment. This in turn will reduce time to access quality projects which are 100% aligned with long term Environmental, Social and Governance objectives.
Authorities are at the core of establishing cohesive and integrated approach and solutions for managing sustainable cities and districts. In effect, they can achieve a reduction in operational and reporting efforts as projects and contractors are managed under a single solution; shorter process to qualify projects and better measurement and verification of KPIs during project development and in-life stages.
Citizen wellbeing and best interest are integral where technology platforms enable their voice to be heard and they can consume automated and digital services. This is achieved through better quality of life, better jobs, better work and living environment, access to cheap sustainable energy and clean water, increased transparency on quality and relevance of development projects.
One use case of the Sustainable Smart Cities Platform allows target settings and deployment of citywide programs for the reduction of GHG emissions. Baseline setting is enabled by the IoT infrastructure and the digital twin enables accurate modelling based on contextual data. Plans to reduce emissions over specific time frames can be modelled based on deployment of RES and battery energy storage systems in a distributed manner to avoid grid constraints by ensuring proximity to significant demand clusters such as EV charging stations. Once best scenarios are identified, alignment with other SDGs is considered to ensure the overall impact of the project is maximised, e.g. job creation, use of sustainable materials, the involvement of local communities through the creation of community energy schemes which further reduce the cost of energy for residential users.
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