"Civic capital refers to our cities’ shared assets — or resources —from which we collectively stand to derive most of our benefits, regardless of ownership.
Just as financial capital includes a range of asset classes (such as equities, debt, cash, alternatives) and subclasses that are invested with an expectation of financial returns, civic capital includes a range of asset classes (preventative health-care assets, natural assets, data infrastructure assets etc.) which we can collectively invest in with an expectation of generating civic returns — returns that benefit our cities collectively.
This report seeks to highlight the pockets of innovation and replicable tools that are already being used to capitalise these civic assets. These first steps are here as an invitation to everyone — from derivatives traders to neighbours — to help us realise the present and future value of investing in our collective benefit."