Prosperity Fund Global Future Cities Programme
This programme provides support to alleviate high levels of urban poverty, encouraging sustainable development and improving economic growth and prosperity.
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The 拢80 million Global Future Cities Prosperity Fund programme will carry out targeted interventions in 19 selected cities across 10 countries to address barriers to prosperity and trade. There are a number of increasingly urgent urban challenges that act as barriers to:
- achieving greater prosperity
- poverty reduction
- inclusive economic growth
- gender equality
Progress in these areas will enable access to increased economic opportunities, increased productivity, a healthier environment, improved health outcomes and a better quality of life.
The programme will work with the governments of Brazil, Myanmar (Burma), Indonesia, Malaysia, Nigeria, Philippines, South Africa, Thailand, Turkey and Vietnam to:
- positively influence the shape of their city plans and investments
- drive inclusive and sustainable local growth
- open up opportunities for international business, including the UK
Interventions will include:
- transportation: technical assistance to support cities to develop integrated multi-modal public transport systems
- urban planning: spatial restructuring
- resilience: develop strategies to address the impact of climate change and ensure development is sustainable
As the department delivering the programme, the Foreign, Commonwealth & Development Office, will work with partner governments to implement these interventions. Smart technology and data and project financing will support further investment.
Phase 1 of the programme (strategic development), from May 2018 to April 2019, included testing interventions and agreeing projects with our Country and City partners.
Phase 2 (implementation) commenced in summer 2019 and is expected to continue over the next 2 to 3 years.
See also the contract award information for the programme:
See also the 2019 to 2020 annual review for the programme.
Find out more about the Cross-Government Prosperity Fund programmes.