Posted on: 15/03/2016
More than $1.5 billion (£1bn) of funding is expected to be mobilised over the next five years to make cities in developing countries more sustainable.
The World Bank and Global Environment Facility (GEF) have launched the Global Platform for Sustainable Cities (GPSC) to share knowledge between developed and developing countries.
The platform will initially focus on 23 cities and has received $152m of funding from the GEF.
The number of people living in cities is expected to double to two billion by 2050.
11 developing countries
GEF Chief Executive Naoko Ishii said: “If planned and managed well, compact, resilient, inclusive, and resource-efficient cities can drive development, growth, and the creation of jobs, while also contributing to a healthier, better quality of life for residents and the long-term protection of the global environment.
“In a rapidly urbanizing world, how we design and build the cities of the future will play a critical role in protecting the global commons, the planet’s finite environmental resources that have provided for the stable conditions enjoyed by humanity for thousands of years.”
The initiative covers Brazil, Cote D’Ivoire, China, India, Malaysia, Mexico, Paraguay, Peru, Senegal, South Africa, and Vietnam.