To reach the Sustainable Development Goals in cities provides a significant business opportunity in the areas of housing, building efficiency, mobility, water and sanitation.
More than half of the global population lives in cities, and it is projected that over the next two decades over 1 million people will move to cities every week. In Malaysia approximately three quarters of the total population lives in urban areas. A fast rate of urbanization leads to increasing traffic congestions, overcrowding, need of affordable housing, environmental degradation, more severe consequences of flash floods, insufficient and inadequate waste disposal capacity and methods, stress related disease, flooding and landslides, etc.
The role of the private sector is critical for providing expertise, strategic approach and financial capacity to deliver tailored sustainable solutions in the areas of housing, building efficiency, mobility, water and sanitation. Businesses are developing many solutions that can support urban sustainability, but they need a strategic engagement process to understand cities’ needs and place their solutions in a holistic context.
Sustainable mobility involves accelerating the transition towards clean, safe and efficient mobility for all; building on emerging mobility thrusts such as digitalization, vehicle electrification, energy generation from renewable sources, shared mobility and vehicle automation.
BCSD Malaysia, through its Cities & Mobility Working Group, offers as a safe pre-competitive space in which the leading companies across the extended value chains can lead the system transformation. BCSD Malaysia offers a space where the business community and other relevant stakeholders can gather and initiate collaborative projects and advocate for progressive sustainability policies to the government of Malaysia and other relevant regulatory bodies.
If you wish to know more about the activities of the Cities & Mobility Working Group or if you wish to join BCSD Malaysia please contact us.