Banking on Cities: Investing in Resilient and Low-Carbon Urbanization

This groundbreaking World Bank report (published June 3, 2025) makes the case that investing in resilient, low‑carbon infrastructure is not an added burden—but essential to future urban growth in low‑ and middle‑income countries. It reveals that cities need US $256–821 billion per year through 2050, equivalent to 0.8–2.6 % of combined GDP, to finance transportation, buildings, water and waste systems, flood protection, and urban cooling—foundational infrastructure that drives productivity, equity, and sustainability.

The report outlines three key strategies—funding, financing, and efficiency—showing how cities can mobilize local budgets, leverage public-private finance, and reduce costs through smarter urban planning

Read more