Region: Global
Country: Global / Non-Specific
Sector: Subnational and Municipal
Keywords: Innovative Revenues for Infrastructure, Urban Water and Sanitation, Urban transport
Document Link(s):
Document Summary:
The official website of World Bank Urban Development.
Document Details:
Today, some 56% of the world’s population – 4.4 billion inhabitants – live in cities. This trend is expected to continue, with the urban population more than doubling its current size by 2050, at which point nearly 7 of 10 people will live in cities.
With more than 80% of global GDP generated in cities, urbanization can contribute to sustainable growth through increased productivity and innovation if managed well.
Building cities that “work” – green, resilient and inclusive– requires intensive policy coordination and investment choices. National and local governments have an important role to play to act now, to shape the future of their development, and to create opportunities for all.
Updated: August 1, 2023