They attract the best talent worldwide, who contribute to continuing economic growth. These cities’ foundations lie in superior sustainability policies, strong infrastructure, diverse economies, skilled labour and a high quality of life. A clear example of the impact cities can make is seen from C40, a network of the world’s megacities that are committed to addressing climate change. Global Cities also offer a solution to combatting climate change. With two thirds of carbon emissions focused on cities, the transition to net zero carbon and achieving the goals set out in The Paris Agreement would require changes to first be made in these cities that are backed by sustainability policies. Investing in real assets within these cities gives exposure to a diverse range of sectors (from data centres, self-storage and manufactured homes to conventional areas such as offices, retail and industrials) and access to economies that are expected to outperform national averages.
So knowing which cities stand to benefit from this demographic shift means investors can target the right opportunities. It's expected that by 2050, nearly 70% of the world's population (compared to 55% today) will reside in urban areas. Evie enjoys writing about various travel-related topics, including exciting new foreign places to visit, festivals, new family-owned restaurants, and even recently renovated hotels. She is passionate about many forms of aesthetic expression, including contemporary architecture, and is also quite knowledgeable about hip-hop music, culture, and its history. Born in the Dominican Republic and raised in the vibrant and diverse city of Queens, New York, she has experienced the best of both worlds. This year, Mexico (2.599) is ranked 136th.Īfghanistan, Yemen, Syria, South Sudan, and the Democratic Republic of the Congo are the five nations with the lowest rankings.Įvie Blanco, a seasoned entertainment journalist who has transitioned to travel writing, has a distinguished career spanning almost ten years. Out of 163 countries, Canada (1.35) is ranked 11th, the United Kingdom (1.693) came in 37th, and the United States (2.448) is a shameful 131st.
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