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Aerial drone view of an old traditional

ABOUT

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The world is becoming increasingly urbanized. Since 2007, more than half the world’s population has been living in cities, and that share is projected to rise to 60 percent by 2030.

Cities and metropolitan areas are powerhouses of economic growth—contributing about 60 percent of global GDP. However, they also account for about 70 percent of global carbon emissions and over 60 percent of resource use.

Rapid urbanization is resulting in a growing number of slum dwellers, inadequate and overburdened infrastructure and services (such as waste collection and water and sanitation systems, roads and transport), worsening air pollution and unplanned urban sprawl.

To respond to those challenges, 150 countries have developed national urban plans, with almost half of them in the implementation phase. Ensuring that those plans are well executed will help cities grow in a more sustainable and inclusive manner.

cities.fund

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