In just three weeks, early February 2018, representatives of the world’s countries and cities will convene again to discuss “Cities 2030, Cities for All: Implementing the New Urban Agenda” at the world’s premier conference on cities – the Ninth Session of the World Urban Forum (WUF9) in Kuala Lumpur, co-hosted by UN-Habitat and the government of Malaysia.
In the video, World Bank Senior Director Ede Ijjasz-Vasquez (@Ede_WBG) and Director Sameh Wahba (@SamehNWahba) share the World Bank's three priorities at the World Urban Forum.
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As the world’s largest financier on urban development, the
1. Financing the New Urban Agenda
We know that This means that This includes:
- Strengthening local government’s municipal finances and own-source revenue generation
- Helping cities set up efficient systems of inter-governmental fiscal transfers
- Enabling cities to enhance their creditworthiness and access capital markets
- Capturing land values to finance cities’ urbanization needs
2. Promoting territorial and spatial development
It helps governments understand how to undertake new urban development in a way that connects infrastructure with the localities during that process. It also helps cities that are close to each other work together and understand how to improve spatial connectivity for better metropolitan governance and development.
[Download report: Africa’s Cities: Opening Doors to the World]
3. Enhancing urban resilience
The concentration of people and the risks they face today to natural disasters, such as floods, droughts, and heatwaves, will increase due to climate change. Today, 1.5 billion people live in flood-prone or landslide-prone areas. By 2030, without major action to boost urban resilience, climate change will push up to 77 million urban residents into poverty.
They can take very proactive actions to reduce the greenhouse gas emissions related to their economic development, while adapting to increasing disaster risks.
The World Bank’s new City Resilience Program, supported by the Global Facility for Disaster Reduction and Recovery (GFDRR), has been designed with the ambition of enabling cities to scale up their preparation, capital investment planning, and the investments needed to finance urban resilience to help make their populations safer.
[Download report: Investing in Urban Resilience]
To succeed in the fight against climate change and to advance in the implementation of the New Urban Agenda, cities need the support of their national governments and the international community. At the same time, the leadership of mayors is fundamental for building inclusive, resilient, productive, and sustainable cities and communities for all.
We look forward to discussing and advancing the New Urban Agenda with our partners worldwide at the upcoming World Urban Forum!