Shaping urban transitions for better cities, better economic growth, and a better climate
The scale and pace of the global urban revolution currently underway cannot be underestimated. Cities are growing at an unprecedented rate, particularly in the developing world. By 2050, two-thirds of the global population will live in urban areas, with nearly 90% of the growth in urban population occurring in Asia and Africa. And cities are powerhouses of the global economy, fundamental for driving national productivity and structural transformation. In 2015, about 85% of global GDP was generated in cities.
Unfortunately, major barriers to unlocking the potential of cities for enhanced economic, social, and environmental prosperity still persist. Density in cities is projected to decrease by over a quarter globally by 2040, undermining the benefits of proximity associated with the interactions which create a vibrant market and fertile environment for innovation in ideas, technologies and processes. Moreover, many major cities continue to carry significant public service deficits in energy, water, transport and waste services, and in the least developed countries, the ‘urbanisation of poverty’ is a growing trend.
Potential will only be reached if the right policy and investment decisions are made at the national level over the next 15 years. This will require national decision-makers to have access to reliable, timely, and action-orientated evidence, supported by targeted and strategic engagement, to ensure that they make well-informed choices. This is where the Coalition comes in.