Investing in Urban Resilience : Protecting and Promoting Development in a Changing World

Cities in the developing world are rapidly expanding, boosting countries’ economies, reducing poverty, and fueling global prosperity. But as more people, assets, and economic activity become concentrated in cities, and infrastructure struggles to k...

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Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/10/26884075/investing-urban-resilience-protecting-promoting-development-changing-world
http://hdl.handle.net/10986/25219
id okr-10986-25219
recordtype oai_dc
spelling okr-10986-252192021-05-25T08:52:19Z Investing in Urban Resilience : Protecting and Promoting Development in a Changing World World Bank Group urban poor urban resilience risk management urban finance urban service delivery Cities in the developing world are rapidly expanding, boosting countries’ economies, reducing poverty, and fueling global prosperity. But as more people, assets, and economic activity become concentrated in cities, and infrastructure struggles to keep up with rapid growth, the risk posed by natural disasters and climate change is rising. The urban poor – who are most exposed and least able to cope – will be hardest hit, with up to 77 million urban residents potentially falling back into poverty as a result of climate change alone. To help the urban poor unlock their full economic potential and protect hard-won development gains, the report discusses the need to invest in urban resilience. Over the next 15 years, at least 400 billion dollars will be needed each year to make city infrastructure low-emissions and more resilient to the wide range of shocks and stresses that cities may encounter. The flagship report -- co-authored by the World Bank Group and the Global Facility for Disaster Reduction and Recovery -- illustrates how building urban resilience is critical to reducing poverty and promoting shared prosperity. And while, over the last five years, the World Bank Group has financed more than $9 billion in projects to help cities in 41 countries become more resilient, significant investment gaps remain. To overcome these gaps, the World Bank Group and other multilateral development institutions can play a critical role in enabling city and national governments leverage private 2016-10-24T15:45:22Z 2016-10-24T15:45:22Z 2016-10-20 Report http://documents.worldbank.org/curated/en/2016/10/26884075/investing-urban-resilience-protecting-promoting-development-changing-world http://hdl.handle.net/10986/25219 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Urban Study
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic urban poor
urban resilience
risk management
urban finance
urban service delivery
spellingShingle urban poor
urban resilience
risk management
urban finance
urban service delivery
World Bank Group
Investing in Urban Resilience : Protecting and Promoting Development in a Changing World
description Cities in the developing world are rapidly expanding, boosting countries’ economies, reducing poverty, and fueling global prosperity. But as more people, assets, and economic activity become concentrated in cities, and infrastructure struggles to keep up with rapid growth, the risk posed by natural disasters and climate change is rising. The urban poor – who are most exposed and least able to cope – will be hardest hit, with up to 77 million urban residents potentially falling back into poverty as a result of climate change alone. To help the urban poor unlock their full economic potential and protect hard-won development gains, the report discusses the need to invest in urban resilience. Over the next 15 years, at least 400 billion dollars will be needed each year to make city infrastructure low-emissions and more resilient to the wide range of shocks and stresses that cities may encounter. The flagship report -- co-authored by the World Bank Group and the Global Facility for Disaster Reduction and Recovery -- illustrates how building urban resilience is critical to reducing poverty and promoting shared prosperity. And while, over the last five years, the World Bank Group has financed more than $9 billion in projects to help cities in 41 countries become more resilient, significant investment gaps remain. To overcome these gaps, the World Bank Group and other multilateral development institutions can play a critical role in enabling city and national governments leverage private
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Investing in Urban Resilience : Protecting and Promoting Development in a Changing World
title_short Investing in Urban Resilience : Protecting and Promoting Development in a Changing World
title_full Investing in Urban Resilience : Protecting and Promoting Development in a Changing World
title_fullStr Investing in Urban Resilience : Protecting and Promoting Development in a Changing World
title_full_unstemmed Investing in Urban Resilience : Protecting and Promoting Development in a Changing World
title_sort investing in urban resilience : protecting and promoting development in a changing world
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/10/26884075/investing-urban-resilience-protecting-promoting-development-changing-world
http://hdl.handle.net/10986/25219
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