Attend Spring Meetings on Development topics from Apr 17-21. Comment and engage with experts. Calendar of Events


Syndicate content

Urban Development

Building benchmarks for infrastructure investors: a long but worthwhile journey

Sarah Tame's picture


Photo: User 377053 | Pixabay

The Argentinian presidency of the G20 opens this month and will be marked by a focus on infrastructure investment. The G20 and Organisation for Economic Co-operation and Development (OECD) have already announced a widescale data collection initiative to create benchmarks to monitor the risk-adjusted financial performance of private infrastructure debt and equity investments.

It’s about time.

Investors have hit a roadblock when investing in infrastructure. Until now, none of the metrics needed by investors were documented in a robust manner, if at all, for privately held infrastructure equity or debt. This has left investors frustrated and wary. In a 2016 survey of major asset owners by the EDHEC Infrastructure Institute (EDHECinfra) and the Global Infrastructure Hub, more than half declared they did not trust the valuations reported by infrastructure asset managers. How, under such conditions, can the vast increases in long-term investment in infrastructure by institutional players envisaged by the G20 take place?

Twelve big moments of building sustainable cities and communities

Andy Shuai Liu's picture

[Put together the puzzle pieces to reveal the picture. Scroll down to #9 for hints.]
 

If the world in 2017 were a jigsaw puzzle, what memorable pieces would you choose to make up the big picture?
 
Hurricanes Harvey, Irma, and Maria that pounded coastal United States and the Caribbean; the severe drought that struck Somalia; forest fires that are ravaging through southern California… Hard to miss were the natural disasters that displaced – even killed – individuals and families.
 
There were also the “manmade” disasters – conflicts that erupted or lasted in many parts of the world continued to force men, women, and children out of their homes and homelands.
 
Yet, turning to the bright side, the world has come a long way this year in addressing these challenges to boost inclusive and sustainable growth.


Just a couple of weeks ago, for example, global and local leaders gathered at the One Planet Summit in Paris to firm up their commitment – and ramp up action – to maximize climate finance for a low-carbon, disaster-resilient future.
 
At the World Bank, our teams working on social development, urban development, disaster risk management, and land issues have endeavored with countries and cities worldwide throughout the year to achieve a common goal: building inclusive, resilient, and sustainable cities and communities for all.
 
How did they do? From our “Sustainable Communities” newsletter, we have captured 12 moments that mark the major accomplishments and lessons learned in 2017—and inspire our continued work to end extreme poverty and boost shared prosperity in 2018:
 
#1: Africa’s Cities: Opening Doors to the World


 
Released in February 2017, our report on cities in Africa notes that, to grow economically as they are growing in size, Africa’s cities must open their doors and connect to the world. Improving conditions for people and businesses in African cities is the key to accelerating economic growth, adding jobs, and improving city competitiveness. Two more reports released in 2017 also shined a light on inclusive urban growth in East Asia and the Pacific and in Europe and Central Asia respectively.

Year-in-Review: 12 top blogs of 2017

Yelena Osipova-Stocker's picture

2017 was a busy year in the world of infrastructure and public-private partnerships at the World Bank Group: from new knowledge products and tools, to innovations and success stories in places ranging from Peru and Ukraine, to Jordan, Pakistan, and Fiji. As we look at our top content that resonated most with you, our blog readers, we can categorize these posts into three broad categories:

2018: Are we ready to commit to building resilient infrastructure?

David Baxter's picture


Photo: Michiel van Nimwegen | Flickr Creative Commons

Just ahead of this year’s anniversary of the Indian Ocean tsunami of 2004, I visited the Tsunami Honganji Vihara site in Sri Lanka where upwards of 2,000 people died when their train was destroyed by the force of the waves. Shortly after my visit, Sri Lanka was faced with an unusually large tropical cyclone that pummeled the capital of Colombo, and caused extensive flooding, power failures and infrastructure damage. And, a few thousand miles away, Bali’s highest volcano, Mount Agung, was threatening to erupt, causing considerable anxiety in Colombo that it could trigger another tsunami event of the same magnitude of the 2004 disaster.
 
Upon my return to the United States I learned of the raging wildfires in California causing massive damages.
 
This year’s seemingly never-ending adverse weather events, exacerbated by climate change, along with adverse natural events such as earthquakes, are negatively impacting critical infrastructure globally. Some might describe 2017 as a global “annus horribilis” for adverse “force majeure” events.

Rapid results approach: A better way forward for public sector reform in Senegal?

Thomas Dickinson's picture



“I feel proud of myself, very proud,” said Rokhaya Niang as she worked. She and her team had had only 100 days to streamline and accelerate the administrative processing of land subdivision applications at the local Ministry of Urbanization office in Rufisque, a city 25 km east of the center of Dakar. The area has been developing quickly since it was chosen as the location of the new national government center, and their office had been swamped under a backlog of allotment and construction requests.

How to manage urban expansion in mega-metropolitan areas?

Philip E. Karp's picture
 


As the world becomes increasingly urbanized, the number of megacities is growing rapidly.

Today there are 37 cities worldwide with populations of greater than 10 million, and 84 with populations greater than five million. More than three quarters of these cities are in developing countries. Together with their surrounding metropolitan areas, these cities produce a sizable portion of the world’s wealth and attract a large share of global talent.

These megacities face a series of common challenges associated with managing urban expansion, density, and livability—in a manner that takes advantage of the benefits of productive agglomerations, while mitigating the disadvantages of such high degrees of congestion and urban density.

Moreover, like other metropolitan areas, megacities face challenges of effectively coordinated planning, infrastructure development, and service delivery across multiple jurisdictions. Indeed, the New Urban Agenda issued at the Habitat III conference in 2016 identified metropolitan planning and management as one of the most critical needs to ensure sustainable urbanization.

Innovation in the air: using cable cars for urban transport

Leonardo Canon Rubiano's picture
Also available in: Español
Photo: Andy Shuai Liu/World Bank

Invented over a century ago for exploring mountainous regions, aerial cable cars have recently made an appearance in several big cities, where they are being used as an alternative to conventional urban transport modes. This technology uses electrically-propelled steel cables to move suspended cars (or cabins) between terminals at different elevation points.
 
The tipping point. The emergence of cable cars in urban transport is fairly new. Medellín, Colombia pioneered the use of cable cars for urban transport when it opened its first “Metrocable” line in 2004. Since then, urban cable cars have grown in popularity around the world, with recent projects in Latin America (Rio de Janeiro, Caracas, Guayaquil, Santo Domingo, La Paz, and Medellín), Asia (Yeosu, South Korea, Taiwan, Hong Kong), Africa (Lagos, Constantine), and Europe (London, Koblenz, Bolzano).  Cable cars can be an attractive urban transport solution to connect communities together when geographical barriers such as hills and rivers make other modes infeasible.

Africa is paving the way to a climate-resilient future

Tara Shirvani's picture


Since the presentation of the World Bank’s first Africa Climate Business Plan at the COP 21 in Paris in 2015 and the Transport Chapter in Marrakech in 2016, a lot of progress has been made on integrating climate adaptation and mitigation into our transport projects.

The World Bank initially committed about $3.2 billion toward mainstreaming climate action into transport programs in Sub-Saharan Africa in the form of infrastructure investments and technical assistance. Following the Paris Agreement, and building on African countries’ Nationally Determined Contributions (NDCs), the size of this portfolio grew to $5 billion for 2016 to 2020.  In 2017, the institution added another $1.9 billion to that amount, bringing the total to $6.9 billion in projects with climate co-benefits— more than twice the size of the original portfolio. These investments will help improve the resilience of transport infrastructure to climate change and improve the carbon footprint of transport systems.
 
Climate change has already started to affect African countries’ efforts to provide better transport services to their citizens.  African transport systems are vulnerable to multiple types of climate impact: sea level rise and storm surge, higher frequency and intensity of extreme wind and storm events, increased precipitation intensity, extreme heat and fire hazard, overall warming, and change in average precipitation patterns. The increased frequency and intensity of extreme climate event challenges the year-round availability of critical transport services: roads are damaged more often or are more costly to maintain; expensive infrastructure assets such as ports, railways or airports can be damaged by storms and storm surges, resulting in a short  life cycle and capacity than they were originally designed for. Critical infrastructure such as bridges continue to be built based on data and disaster risk patterns from decades ago, ignoring the current trend of increased climate risk. For Sub-Saharan Africa alone, it is estimated that climate change will threaten to increase road maintenance costs by 270% if no action is taken.

Creating “Solid Ground” for gender equality in land access

Jane W. Katz's picture
In Brazil, a woman trained through the School of Women Leaders explains to her neighbors what she has learned. Photo: Maria do Carmo Carvalho / Habitat for Humanity

Despite the fact that women represent about half of the global population, produce the majority of global food supply, and perform 60% to 80% of the agricultural work in developing countries, women own less than 20% of land worldwide.

Written laws often fall short of adequately protecting women’s tenure rights; while in some countries, formal national laws explicitly discriminate against women. In post-disaster rehabilitation and reconstruction, women face particular hurdles to secure tenure and shelter. Even in areas with strong protections of equality and non-discrimination, displaced women often struggle to assert their property rights.

On March 8, 2016, on the occasion of International Women’s Day, Habitat for Humanity International launched its first global advocacy campaign, “Solid Ground,” which envisions a world where everyone has access to land for shelter. Promoting gender equality and addressing inequitable or unenforced laws, policies, and customary practices affecting women’s rights to security of tenure and inheritance, has been a primary focus of the campaign.

Now mid-way through the campaign, Solid Ground has grown to include 37 national Habitat for Humanity organizations, 17 partner organizations, an active microsite solidgroundcampaign.org (and in Spanish, SueloUrbano.org), and has provided direct financial assistance to country programs working on gender and land issues. In its first year, over 1.3 million people are projected to have improved access to land for shelter through the Solid Ground campaign with a goal of reaching 10 million people, especially women.

Through a variety of efforts to build capacity, mobilize allies, influence policymakers, and work together with our partners, we are seeing signs of progress being made to achieve successful outcomes in helping facilitate women’s land ownership and empowering women to understand and achieve their rights. A sampling of some strategies, cases, and upcoming plans are highlighted below. 

Cities of Refuge: Bringing an urban lens to the forced displacement challenge

Axel Baeumler's picture
Also available in: العربية | Español | Français
Cities of Refuge
 Photo credit: Mohamed Azakir / World Bank

The Syrian conflict has reached the grim milestone of becoming the largest displacement crisis since World War II, with over half of the country’s pre-war population having left their homes since 2011—a particularly sobering statistic as we observe International Migrants Day on December 18, 2017 today.

For many of us, the Syrian crisis brings to mind images of refugee families blocked at European borders and sprawling humanitarian camps. Yet the majority of those fleeing the violence have remained in cities inside Syria and in neighboring countries, in the hopes of reaching safety, and accessing better services and jobs.

This shift from camps to cities and towns has critical implications for how to effectively deal with the forced displacement challenge—and it is not confined to Syria, but a reality across many countries affected by conflict in the Middle East and beyond.

Pages