Tag: Urban

Mastercard & HSBC to Promote Sustainable Urban Development

Mastercard Incorporated MA recently partnered with the leading global banking and financial services provider, HSBC Holdings plc HSBC.  The tie up has paved the way for HSBC to join the City Possible network, which is pioneered by Mastercard.

Notably, collaboration forms the crux of the City Possible network, where members jointly codevelop innovative solutions for promoting sustainable urban development. The network utilizes collective resources and expertise of all its stakeholders to address prevalent urban challenges.

While HSBC is the latest addition to the City Possible network, other notable partners include the Technology and Entrepreneurship Center at Harvard University (TECH), Lyft, Inc. LYFT, IDEMIA, Here Technologies, Deep Labs and Willis Towers Watson WLTW.

Concurrent with the addition of HSBC, the Singapore Tourism Board (STB) became the first National Tourism Organisation to join the Mastercard’s City Possible network.

Coming back to the HSBC tie-up, this alliance intends to focus on promoting green

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Urban researcher on the importance of parks in helping cities adapt during pandemic

  • Nature in urban spaces is instrumental in maintaining peoples’ wellbeing throughout the coronavirus pandemic.
  • Karl Samuelsson, a Stockholm-based researcher who focuses on sustainable environments for people, says that cities need more nature and bigger spaces to practice social distancing.
  • In a recent research paper, Samuelsson and his colleagues argue that social distancing to prevent the spread of the coronavirus can leave dense urban areas in a particularly vulnerable position.
  • To combat this, cities need to be able to offer residents quicker access to green space and the opportunity to get outside while maintaining a safe distance from others during a pandemic.
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As the coronavirus continues to spread across the world, open space — and space to maintain a social distance — has become a hot commodity. 

Karl Samuelsson, an urban researcher at the University of Gävle in Stockholm, Sweden, thinks natural spaces like

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