Next generation cities

ESG is a business imperative, but what is its role in shaping our next generation cities?

We have already seen a growing trend for green buildings and associated green infrastructure as businesses look to decarbonise their footprint. Green finance is shaping investment strategies, and technology is increasingly being used to drive sustainable practices. Changing working practices are another factor in the evolution of our towns and cities, leading businesses to consider their office footprint. In addition, a growing demand for sustainable living practices is shaping the residential sector and driving concepts such as co-living, BTR, high-end student accommodation and modern city based later-living - all based around the concept of a green 15-minute city. Repurposing of redundant retail & leisure spaces is helping to meet the increased demand for city living, and construction methods and materials are becoming more innovative to meet both sustainability and housing targets.

In this series we look at some of the key market drivers and consider some of the legal issues which our clients will need to navigate to create, and operate in, next generation cities.

From green loans and mortgages to corporate investments and pensions, the growth of this market will radically transform the future of financial services in the UK. As institutions begin to innovate, up-skill their teams and face increasing pressure from regulators, industry and society, we track the latest developments and explain how the marketing is evolving - for financial services firms, funds, investors and customers alike - as well as the areas of risk to be aware of and how these can be managed to minimise the chances of disputes arising in future.

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