The World Urban Forum (WUF) is a conference born out of the United Nations that addressed urban issues surrounding urbanization and its impact on economies, climate change, and cities. The most recent WUF conference, WUF9 took place in Kuala Lumpur, Malaysia and was themed Cities 2030 – Cities for All: Implementing the New Urban Agenda. WUF9 focused on the implementation of the New Urban Agenda’s goals and commitments regarding creating cities that are inclusive and sustainable. The upcoming World Urban Forum, WUF10 will be taking place in February 2020 in Abu Dhabi, UAE. The theme for WUF10 is Cities of Opportunities – Connecting Culture and Innovation which reads to me like a convergence of culture, technological and social innovation, working in tandem with fostering local-focused global entrepreneurship.
A marker for success for WUF10 would be addressing how to foster locally-focused with global perspective entrepreneurship to drive social change and innovation for sustainable development. According to the Harvard Business Review, the entrepreneurial ecosystem is a core component of economic development in cities and countries. The top three challenges that prevent entrepreneurship from flourishing however are access to talent, excessive bureaucracy, and scarce early-stage capital. I believe it would not only be to the World Urban Forum’s benefit but also for the all stakeholders attending WUF10 to address entrepreneurship in cities as a driver for sustainable developing and making their respective economies more productive and inclusive.