The Global Cities Initiative

Supporting the Economic Growth of America's Cities

Our Commitment to America's Cities

As the U.S. enters an era of austerity, with limited funding for investments in cities, now more than ever city and metropolitan leaders are faced with immense challenges to sustain day-to-day economics while struggling to identify innovative ways to create economies for the future.

Collaborating with the Brookings Institution

JPMorgan Chase announced that it is giving $10 million to the Brookings Institution to underwrite the Global Cities Initiative: A Joint Project of Brookings and JPMorgan Chase aimed at helping civic and business leaders identify and leverage their city's greatest economic development resources.

The Global Cities Initiative brings together JPMorgan Chase's long standing commitment to investing in cities and Brookings' vast collection of metro-focused research to help civic and business leaders leverage their area's greatest economic development resources and compete in the global marketplace.

Supporting Sustainable Economic Growth Globally

Every U.S. metro area is an international metro area by virtue of trade flows, foreign investment and immigration. Enhancing their position in the global economy is imperative for both large and small metro areas, and those in every region of the country.

Through JPMorgan Chase's $10 million underwriting, the Global Cities Initiative will provide leaders from the 100 largest U.S. metropolitan areas with in-depth research, analysis and guidance on: what their economic development resources are, how best to leverage these resources and how to build economic relationships with their international peers and operate in today's global environment.

In addition to providing city leaders with a plan of action that lays out how their metro area can play a role in the changing global economy, over the next five years, the Global Cities Initiative will annually bring together key civic and business leaders through three major U.S. regional conferences and one international conference that will drive discussions, consensus and action about best practices and strategies for regional economic growth.

Through our collaboration with Brookings, we are helping cities to take advantage of the future opportunities in global trade and commerce, making it possible for our nation's cities to chart their own economic way forward.