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Global Rise of Cities Poses Challenge to Sustainable Urban Development

The World Economic Forum releases report on Harnessing Public-Private Cooperation to Deliver the New Urban Agenda

· A-to-Z guide on the implementation of sustainable urban development and housing solutions following the adoption of the New Urban Agenda at the Habitat III conference in October 2016

· Public-private cooperation is key to addressing the issues and opportunities presented by urbanization

· The report highlights the key actions that must be taken by government, the private sector and civil society to achieve sustainable urban development, and includes best practices and innovative solutions from around the world.

The global rise of cities has been unprecedented. Every week, nearly 1.5 million people become urban dwellers. By 2050, the urban population will account for more than two-thirds of the world’s population.

“Cities are evolving faster than ever and encountering unprecedented demographic, environmental, economic and social challenges. Sustainable urban development is the current global priority; however, most cities lack the capacity and resources to ensure that the city develops in a sustainable manner. Multistakeholder cooperation is essential to fill this gap and build transformation strategies to better shape urbanization outcomes and lead cities towards growth, well-being and prosperity for all,” said Alice Charles, Community Lead, Infrastructure and Urban Development, World Economic Forum.

In recognition of the new challenges facing cities and the need to reinvigorate the global commitment to sustainable urbanization, the UN General Assembly convened the United Nations Conferences on Housing and Sustainable Urban Development (Habitat III) in Quito, Ecuador, on 17-20 October 2016. The conference resulted in the adoption of the New Urban Agenda, a concise and action-oriented plan that provides a new global strategy for sustainable urban development and housing over the next two decades.