{"678921":{"#nid":"678921","#data":{"type":"news","title":"How cities are reinventing the public-private partnership \u2212 Four lessons from around the globe","body":[{"value":"\u003Cp\u003ECities tackle a vast array of responsibilities \u2013 from building transit networks to running schools \u2013 and sometimes they can use a little help. That\u2019s why local governments have long teamed up with businesses in so-called public-private partnerships. Historically, these arrangements have helped cities fund big infrastructure projects such as bridges and hospitals.\u003C\/p\u003E\u003Cp\u003EHowever, our analysis and research show an emerging trend with local governments engaged in private-sector collaborations \u2013 what we have come to describe as \u201ccommunity-centered, public-private partnerships,\u201d or CP3s. Unlike traditional public-private partnerships, CP3s aren\u2019t just about financial investments; they leverage relationships and trust. And they\u2019re about more than just building infrastructure; they\u2019re about building resilient and inclusive communities.\u003C\/p\u003E\u003Cp\u003EAs the founding executive director of the Partnership for Inclusive Innovation, based out of the Georgia Institute of Technology, I\u2019m fascinated with CP3s. And while not all CP3s are successful, when done right they offer local governments a powerful tool to navigate the complexities of modern urban life.\u003C\/p\u003E\u003Cp\u003ETogether with international climate finance expert Andrea Fern\u00e1ndez of the urban climate leadership group C40, we analyzed community-centered, public-private partnerships across the world and put together eight case studies. Together, they offer valuable insights into how cities can harness the power of CP3s.\u003C\/p\u003E\u003Cp\u003E\u003Ca href=\u0022https:\/\/theconversation.com\/how-cities-are-reinventing-the-public-private-partnership-4-lessons-from-around-the-globe-239155\u0022\u003EREAD THE FULL ARTICLE \u0026gt;\u0026gt;\u003C\/a\u003E\u003Cbr\u003E(The Conversation, Dec 16, 2024)\u003C\/p\u003E","summary":"","format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003ELocal governments have long teamed up with businesses in so-called public-private partnerships.\u003C\/p\u003E","format":"limited_html"}],"field_summary_sentence":[{"value":"Local governments have long teamed up with businesses in so-called public-private partnerships."}],"uid":"27513","created_gmt":"2024-12-17 15:22:53","changed_gmt":"2024-12-17 15:23:37","author":"Walter Rich","boilerplate_text":"","field_publication":"","field_article_url":"","location":"Atlanta, GA","dateline":{"date":"2024-12-17T00:00:00-05:00","iso_date":"2024-12-17T00:00:00-05:00","tz":"America\/New_York"},"extras":[],"hg_media":{"675869":{"id":"675869","type":"image","title":"RUTA N","body":"\u003Cp\u003EThe Ruta N partnership in Medell\u00edn, Colombia, generated thousands of jobs. Jorge Calle\/Anadolu Agency via Getty Images\u003C\/p\u003E","created":"1734447358","gmt_created":"2024-12-17 14:55:58","changed":"1734447422","gmt_changed":"2024-12-17 14:57:02","alt":"The Ruta N partnership in Medell\u00edn, Colombia, generated thousands of jobs. Jorge Calle\/Anadolu Agency via Getty Images","file":{"fid":"259543","name":"file-20241113-17-3xzgqy-WR.jpg","image_path":"\/sites\/default\/files\/2024\/12\/17\/file-20241113-17-3xzgqy-WR.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/2024\/12\/17\/file-20241113-17-3xzgqy-WR.jpg","mime":"image\/jpeg","size":40471,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/2024\/12\/17\/file-20241113-17-3xzgqy-WR.jpg?itok=LvZkaz6G"}}},"media_ids":["675869"],"groups":[{"id":"69599","name":"IPaT"}],"categories":[],"keywords":[{"id":"188084","name":"go-ipat"}],"core_research_areas":[{"id":"39501","name":"People and Technology"}],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003EWalter Rich\u003C\/p\u003E","format":"limited_html"}],"email":["walter.rich@research.gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}