City profile

Capital of Argentina, Buenos Aires, is a cultural centre owing to its rich architecture, bustling nightlife, preserved traditions and friendly natives. The city has a diverse economy based on food processing, metalworking, automobile assembly, oil refining, printing and publishing, and textiles, among other goods. The city's metro population is nearing 15.5 million.

Buenos Aires falls behind other Latin American cities in the Investor Attractiveness category due to relatively high risk levels, as well as low ease of doing business - the latter of which can be addressed with new policy mechanisms.

If Argentina's macroeconomic stability and overall performance in governance improves, the city will be better positioned to capture new opportunities.

The city scores highly in urban management and governance, and strongly for Liveability and Loveability, and is known to be one of the healthiest cities in Latin America. Buenos Aires is a success story for green and active mobility, and how scaling such infrastructure can have widespread benefits for local communities. The city funded its cycle lane network predominantly from the city’s budget, with additional financing from development banks, as part of a broader BRT development initiative.

Insight

Buenos Aires 'Human-Scale City,' like the '15-minute city' or 'Complete Neighbourhoods' concepts, takes a neighbourhood-centric approach to climate resilient planning. The Green and Thriving Neighbourhoods guidebook by C40 Cities and Arup showcases how Neighbourhoods provide an ideal scale and context for equitable and sustainable recovery and an opportunity to develop replicable, net zero approaches that can be deployed city-wide and beyond.
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