Title | The Role Of The Private Sector In Sustainability Through Partnership-Based City Management |
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ID_Doc | 69964 |
Authors | Halbac-Cotoara-Zamfir, R; Coca-Stefaniak, JA |
Title | The Role Of The Private Sector In Sustainability Through Partnership-Based City Management |
Year | 2013 |
Published | |
Abstract | Towns and cities across the European Union are facing the most challenging economic climate in living memory. Against this backdrop, sustainable development and environmental stewardship are concepts that may appear now as more of a luxury than a strategic priority at a time of drastic cost-cutting in local authority resources across many European countries. Increasingly, the long term importance of investing in sustainability practices such as energy and waste reductions needs to be justified in the short term by a sound business case. In other words, saving the planet needs to be shown to save money too in the short term. Whilst public-private sector partnerships to manage town and city centers have a number of established tried and tested models across the European Union, the role of the private sector (including Business Improvement Districts) in leading environmental stewardship at this level remains an area in need of further research. This paper explores practice-based evidence in this field (e.g. sustainable business procurement) and discusses potential avenues for further work with recommendations for policy makers and key decision makers at city management level. |