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City Resilience Program

Let’s make a deal for resilient cities

Carina Lakovits's picture
Photo credit: humphery / Shutterstock.com
JIANGXI CHINA-July 1, 2017: In Eastern China, Jiujiang was hit by heavy rain, and many urban areas were flooded. The vehicles were flooded, and the citizens risked their passage on flooded roads.
Photo credit: humphery / Shutterstock.com
For the first time in history, more people live in cities than in rural areas. Although cities hold the promise of a better future, the reality is that many cities cannot live up to expectations. Too often, cities lack the resources to provide even the most basic services to their inhabitants, and cities all over the world fail to protect their people effectively against the onslaught of natural disasters or climate change.

Much of this has to do with the lack of adequate infrastructure that can defend against the impacts of floods, sea level rise, landslides or earthquakes. Most cities need better flood defenses, better constructed houses, and better land use planning. But even when cities know what it takes to become more resilient, most often they do not have access to the necessary funding to realize this vision.

It is estimated that worldwide, investments of more than $4 trillion per year in urban infrastructure will be needed merely to keep pace with expected economic growth, and an additional $1 trillion will be needed to make this urban infrastructure climate resilient.  It is clear that the public sector alone, including development finance institutions like the World Bank, will not be able to generate these amounts—not by a long stretch.