The Department for Business, Innovation and Skills (BIS) has launched a new initiative to promote ‘smart cities’ across the UK, which are expected to have a value of $400 billion by 2020.
A smart city uses technology and social and environmental capital to improve the quality of life and the environment where its inhabitants live. It tries to address challenges such as waste, water usage, energy efficiency and transport issues.
According to BIS, the sector will worth about $400 billion (£250 billion) by 2020, with the UK expected to have a 10% share.
Science minister David Willetts said, “The opportunity to develop new technologies for smart cities in the UK is massive. We want to make sure that we are at the forefront of this digital revolution so we can stay ahead in the global race designing new innovations in the UK and exporting them across the world.
“With around 80% of the UK’s population living in cities, we need to ensure that they are fit for purpose in the digital age. Through our information economy strategy we will support cities to improve energy efficiency, reduce carbon emissions and save money.”
The government has created a Smart Cities Forum – chaired by Willetts and cities minister Greg Clark – to ensure that the UK doesn’t miss the opportunity to develop smart technology.
Volker Buscher, Smart Cities Forum member and author of the report Global Market Opportunities and UK Capabilities for future smart cities said, “By 2050, the human population will have reached 9 billion people with 75% of the world’s inhabitants living in cities.
“Smart technologies can help address some of the challenges of rapid urbanisation by improving services and managing their efficiency.”
It was recently revealed that 50 mayors from 30 countries had pledged to scale up their efforts to tackle climate change, in the wake of the Intergovernmental Panel on Climate Change’s (IPCC) latest report.
Like our Facebook Page
How to Find an Eco-Friendly Termite Control Service Provider in Malaysia
Eco-Friendly Vegans Win Most Battles Not the War
3 Iconic Chicago Billboards Eco-Friendly Advertisers Can Learn from
EnviroSolar’s Abe Issa Discusses Success in Green Entrepreneurship
How Sports Could Be Impacted by Climate Change
What Eco-Friendly Patients Should Know about Online Therapy
6 Reasons Why Meal Delivery Services are Eco-Friendly
The Path for Retail’s Sustainable Future
4 Eco-Friendly Ways to Treat a Sinus Infection
4 Strategies for Eco-Friendly Real Estate Investors to Find Properties
How Managed Print Services Helps to Reduce Paper Waste
Why Scientists Are Concerned About ‘Forever Chemicals’ In Drinking Water
Meat Farming Is Only Getting Smarter, Easier & Eco-Friendlier
What is Eco-Friendly Homesteading and How Does it Affect Your Insurance?
Importance of Using a Water Purifier in an Area with High Pollution
Alternative Financing Ideas for Green Businesses that Shun Banks
Tencel Material Demand Shows Britain Is More Eco-Friendlier Than Ireland
How To Invest in Clean Energy Stocks in Only Five Easy Steps!
How To Secure Funding As An Eco-Entrepreneur?
4 Amazing Eco-Friendly Businesses Worth Starting in 2021
- Features8 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Energy9 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features8 months ago
Essential Guidelines for Eco-friendly Moving into new Home
- Invest10 months ago
The Eco-Friendly Evolution of Bitcoin Over the Years