Planning, connecting and Financing Cities

Developing countries are urbanizing fast. To meet the challenges that creates, city leaders must move quickly to plan, connect, and finance resilient and sustainable growth. A new World Bank report provides a framework to help.

Cities are where development challenges and solutions meet. With the cities of emerging economies expected
to double from 2 billion to 4 billion people between 2000 and 2030—accompanied by a tripling of their physical footprint from 200,000 to 600,000 square kilometers—the policies and investments that get this rapid urbanization right hold the key to resilient
and sustainable development. The good news is that cities in the developing world can build on the knowledge of those that have been successful before them and combine these insights with homegrown solutions and innovations to catalyze the engines of job creation,
centers of innovation, and gateways to the global marketplace.

To help mayors and other policy makers identify the bottlenecks they face as urbanization accelerates and to propose policy options to tackle such challenges, the World Bank with support from the Swiss State Secretariat for Economic Affairs (SECO) and the Cities Alliance—has carried out diagnostics called “Urbanization Reviews” in 12 countries across 4 continents.

Source: Urbanknowledge

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This article is culled from daily press coverage from around the world. It is posted on the Urban Gateway by way of keeping all users informed about matters of interest. The opinion expressed in this article is that of the author and in no way reflects the opinion of UN-Habitat

 

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