is smart city concept a waste of natural resources
Smart city ICT is used to enhance quality, performance and interactivity of urban services, to reduce costs and resource consumption and to increase contact between citizens and government.[5] Smart city applications are developed to manage urban flows and allow for real-time responses.[6] A smart city may therefore be more prepared to respond to challenges than one with a simple "transactional" relationship with its citizens.[7][8] Yet, the term itself remains unclear to its specifics and therefore, open to many interpretations.[9]
Sustainable development While the modern concept of sustainable development is derived mostly from the 1987 Brundtland Report, it is also rooted in earlier ideas about sustainable forest management and twentieth century environmental concerns. As the concept developed, it has shifted to focus more on economic development, social development and environmental protection for future generations. It has been suggested that "the term 'sustainability' should be viewed as humanity's target goal of human-ecosystem equilibrium (homeostasis), while 'sustainable development' refers to the holistic approach and temporal processes that lead us to the end point of sustainability".[1] The modern economies are endeavouring to reconcile ambitious economic development and obligations of preserving the natural resources and ecosystem, the two are traditionally seen as of conflicting nature. Instead of holding climate change commitments and other sustainability measures as a drug to economic development, turning and leveraging them into market opportunities will do greater good. The economic development brought by such organized principles and practices in an economy is called Managed Sustainable Development (MSD).