, which can help people escape poverty.
A paved road can lead to a world of possibilities for small business owners, increasing access to additional markets and suppliers, as well as opportunities to grow their businesses.
The urban infrastructure finance gap
Cities already account for approximately 70-80 percent of the world’s economic growth, and this will only increase as cities continue to grow.
Cities will need partners to help them provide these building blocks for the future. The public sector cannot address these crucial needs alone, and overall official development assistance barely totals three percent of this amount. Cities should begin looking toward innovative financing options and to the private sector.
As the world urbanizes rapidly, – it is estimated that only 1.5% of the world’s land is home to about half of global production.
Such economic concentration is a built-in feature of human settlement development and a key driver of growth. However, while some countries have succeeded in spreading economic benefits to most of their citizens, many other countries have not.
Especially outside the economic centers that concentrate production, there are “lagging areas” with persistent disparities in living standards and a lack of access to basic services and economic opportunities.
Over one billion people live in underserved slums with many disparities from the rest of the city in terms of access to infrastructure and services, tenure security, and vulnerability to disaster risk. A further one billion people live in underdeveloped areas with few job opportunities and public services.
How can countries address the division between the leading and lagging regions?
As discussed at the Ninth Session of the World Urban Forum (WUF9) in Kuala Lumpur, Malaysia,
[Download: World Bank publications on urban development]
What will the world look like in 2050?
What we know is that nearly 70% of the world’s population will live in cities.
What we want, as envisioned through Sustainable Development Goal 11 (SDG11), is that future cities are inclusive, safe, resilient, and sustainable for all – including over one billion persons with disabilities.
In keeping with SDG11, the New Urban Agenda is striving to ensure that future cities, towns and basic urban infrastructures and services are more environmentally accessible, user-friendly, and inclusive of all people’s needs, including persons with disabilities.
[Immersive story: 3 Big Ideas to Achieve Sustainable Cities and Communities]
The need for disability-inclusive urban development cities was emphasized at the Ninth World Urban Forum (WUF9), held in Kuala Lumpur, Malaysia, in February 2018. Throughout the seven-day conference, participants from around the world highlighted, among other themes, the importance of the inclusion of persons with disabilities in urban development.
In this video, Charlotte McClain-Nhlapo (@McNhlapo), the World Bank’s Global Advisor for Disability Inclusion, interviews World Bank Director for Urban and Territorial Development and Disaster Risk Management, Sameh Wahba (@SamehNWahba) on his reflections on the outcomes of WUF9.
In the interview, Sameh emphasizes the importance of
Ms. Sharif became the Executive UN-Habitat in December 2017, succeeding Joan Clos of Spain. She was previously Mayor of the City Council of Penang Island, Malaysia, where she led the Municipal Council of Seberang Perai to achieve its vision of a “cleaner, greener, safer and healthier place to work, live, invest and play.”
In 2011, Ms. Sharif was the first woman to be appointed president of the Municipal Council of Seberang Perai, where she collaborated with the World Bank on urban development projects.
Under Ms. Sharif’s leadership, UN-Habitat has focused WUF9’s theme on “Cities 2030, Cities for all: Implementing the New Urban Agenda” as a tool and accelerator for achieving Agenda 2030 and the Sustainable Development Goals.
Watch a video blog of UN-Habitat Executive Director Maimunah Mohd Sharif (@MaimunahSharif) and World Bank Director Sameh Wahba (@SamehNWahba) where they discuss the importance of collaboration and partnership for achieving the Sustainable Development Goals.