The objective of the CPI is to produce meaningful information at the city level, to define a limited number of actions on the basis of its diagnosis and to measure to which extent policies affect the prosperity of the city, strengthening, at the same time, the monitoring and reporting capacities of the municipal entities.
Based on a unified global monitoring framework and standardized products that offer comparability of results, UN- Habitat City Prosperity Initiative proposes a predetermined set of products and services that include the collection and analysis of critical data about the city, refined diagnosis, the preparation of action plans and specific policies, the use of best practices, and the monitoring of results and impacts of these policies. All these services are brought together as integrated products into one initiative, the CPI.
The New Urban Agenda’s and the 2030 Agenda for SustainableDevelopment’s follow-up and review must have effective linkages to ensure coherence in their implementation. Through the City Prosperity Initiative, UN-Habitat is offering support to local and national governments in establishing customized monitoring mechanisms, which will allow a better-informed decision-making on policies and regulations, city plans and strategies, and finance management for the implementation of the 2030 Development Agenda as well as of the New Urban Agenda.
By integrating almost 23 percent of all SDGs indicators with an urban component and all SDG 11 indicators, the CPI has the potential to become the global architecture platform for the monitoring of indicators and target at the city
level. The CPI will offer the possibility to adopt a citywide approach to development beyond the sectorial nature of the SDG indicators and, at the same time, it will offer the possibility of individual disaggregation of indicators.
The CPI fully addresses the four components of the New Urban Agenda3. As an integrated initiative, the CPI provides metrics, policy dialogue, best practices and specific action plans on the five key components of the new urban agenda. In addition, the CPI works as a platform that connects data to local and national evidence-based urban policies, and to the definition of long-term development plans, urban expansions, redevelopments and densification projects designed according to UN-Habitat’s principles of sustainable urbanization. When implemented in a large scale, including several cities in a country, the CPI clearly connects to the formulation of National Urban Policies.
The City Prosperity Initiative pursues three complementary general objectives:
1. Catalyze policies and actions of the city or the nation towards the prosperity path and create conditions to measure present andfuture progress of cities’ sustainability based on a commonmonitoring framework.
2. Mainstream a fresh approach to prosperity and urban sustainability that is holistic and integrated and promotes collective well-being and fulfillment for all, in line with the 2030 Development Agenda.
3. Assess urban conditions and trends for local and global monitoring.