Ensuring equitable access to essential services
Taking action for urban mobility systems
Limiting the environmental footprint of cities and improving their resilience
Enhancing regional attractiveness and cohesion
Improving city governance
The world is urbanizing faster than ever before. Half of humanity (3.5 billion people) now live in cities. That figure will rise to 60% in 2030 and 70% in 2050.This accelerated urbanization, which is particularly pronounced in Africa and Asia, often results in unplanned, inefficient development that leads to extreme inequalities. UN-Habitat estimates that if nothing is done, poorer districts could see their population double (from 1 to 2 billion) by 2030.
More generally, both continents continue to face many challenges: providing access to essential services, limiting congestion, adapting to the effects of climate change, improving economic attractiveness and job creation, boosting resources for infrastructure financing, and improving local governance.
Yet, from the perspective of seeking solutions, the freedom and cross-pollination offered by cities allows them to become social engineering laboratories from which the most innovative and creative solutions emerge. As part of its Territorial and Ecological Transition strategy, AFD is involved in financing, promoting, and supporting the development of sustainable cities that reconcile social cohesion with economic performance and environmental preservation.
In 2019, AFD committed €1.113 billion for sustainable urban development and to support local authorities.