Habitat III: The New Urban Agenda and the role of Multilateral Development Banks

In support of the “ New Urban Agenda” adopted this week during the UN-sponsored global Habitat III conference, eight Multilateral Development Banks (MDBs) — the Asian Development Bank (ADB), African Development Bank (AfDB), the Development Bank of Latin America (CAF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Inter-American Development Bank (IADB), the Islamic Development Bank (ISDB), and the World Bank – are putting the Agenda’s words into action by issuing a “ Joint Statement” expressing their commitment to promote equitable, sustainable, and productive urbanization and urban communities.
 
Ede Ijjasz-Vasquez, Senior Director of the World Bank’s Social, Urban, Rural and Resilience Global Practice, speaks with Juan Pablo Bonilla, Manager of the Climate Change and Sustainable Development Sector for the IADB, on how the organizations will work together to finance the “New Urban Agenda.”

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