The London Prosperity Board
How do you close the health, wealth and opportunity gap between the capital’s richest and its most deprived?
London is one of the most vibrant and wealthy cities in the world, yet orthodox growth-led economic models have not led to sustainable improvements in living standards for many Londoners. After austerity, and now Brexit, London needs innovative ways to tackle these problems.
This is the starting point for the London Prosperity Board, a new cross-sector partnership launched by The Bartlett’s Institute for Global Prosperity (IGP) in October 2016 and supported by JPMorgan Chase Foundation. Professor Dame Henrietta Moore, Director of the IGP, chairs the Board, which involves, among others, Public Health England, Greater London Authority, London Legacy Development Corporation and London Borough of Hackney.
East London is the pilot site for the Board’s research and innovation projects, which focus on stimulating new thinking about pathways to sustainable economic, social and cultural prosperity. East London is undergoing rapid changes associated with the Olympic legacy and wider processes of urban expansion. London’s Olympic legacy goal is to close the gap in prospects and prosperity between communities in east London and wealthier areas of the capital within 20 years of the Games.
The London Prosperity Board will launch a series of pilot projects in 2017. These will include testing a Prosperity Index, which has been developed with community researchers and people living and working in three east London neighbourhoods. The Index will examine where the benefits of regeneration accrue and where people are struggling to access opportunities.
Infographic
Download ‘Critical Mass’, our Annual Review data breakdown