Managing urban growth
The speed and the extent of urbansiation are unprecedented. By 2015, the global population will reach about 10 billion people. Already today, more people are living in urban than in rural areas. By 2050, it is estimated that more than two thirds of the world’s population, six billion people, will live in cities. This growth can contribute to greater prosperity and equal opportunities and can also provide the impetus to important development processes. Improvements in basic services, climate protection, growth and resource efficiency can best be achieved in and with cities. At the same time, there are huge challenges accompanying this growth: unmanaged urbanisation results in the unsustainable use of land, which is then left covered in concrete for decades. In 2016 during the Habitat III Conference in Quito the international community thus agreed on the New Urban Agenda. Its goal: sustainable and liveable cities for all. As only with cities can the development goals of the 2030 Agenda for Sustainable Development be achieved. KfW Development Bank helps cities make the most of the opportunities at hand, while, at the same time, minimising risks.