With a population of more than 1.2 billion, India is the world’s largest democracy. Over the past decade, the country’s integration into the global economy has been accompanied by economic growth. India has now emerged as a global player.
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PartnersMany urban development projects are funded and implemented in collaboration with partner organizations, including Agence Française de Développement (AFD), Australian Agency for International Development... Show More + (AusAID), Austria-World Bank Urban Partnership Program on Strengthening Local Governments in South-East-European Countries, Bank-Netherlands Partnership Program (BNPP), Cities Alliance, Climate Investment Fund, German technical cooperation (Gesellschaft fuer Internationale Zusammenarbeit, GIZ), Global Facility for Disaster Reduction and Recovery (GFDRR), Haiti Fund, Japan Policy and Human Resources Development Fund (PHRD), German Development Bank (KfW), Korean Green Growth Trust Fund (KGGTF), Multi-Donor Trust Fund (MDTF) for Sustainable Urban Development, and Spanish Trust Fund for Latin America and the Caribbean (SFLAC).The joint work program between the Cities Alliance, the World Bank, the United Nations Human Settlements Programme (UN-HABITAT) and the United Nations Environm Show Less -
Who is most at risk?The new study, part of an ongoing OECD project, examined maps and databases of population and world assets, flood-prone regions, storm frequency data, and cost of damage models for... Show More + 136 large coastal cities. For the first time, it took into account existing coastal defenses and their level of protection.In terms of the overall cost of damage, the cities at the greatest risk are: 1) Guangzhou, 2) Miami, 3) New York, 4) New Orleans, 5) Mumbai, 6) Nagoya, 7) Tampa, 8) Boston, 9) Shenzen, and 10) Osaka. The top four cities alone account for 43% of the forecast total global losses.However, developing-country cities move up the list when flood costs are measured as a percentage of city gross domestic product (GDP). Many of them are growing rapidly, have large populations, are poor, and are exposed to tropical storms and sinking land. The study lists the 10 most vulnerable cities when measured as percentage of GDP as: 1) Guangzhou; 2) New Orleans; 3) Guayaquil, Ec Show Less -
Financial inclusion of low-income households in urban areas is key focusNew Delhi, 14 August, 2013 – The government of India and the World Bank today signed a $100 million credit agreement aimed at helping... Show More + low-income households in Indian cities access loans to purchase, build or upgrade their dwellings.The Low Income Housing Finance Project will be implemented by the National Housing Bank (NHB). It will support the government’s agenda for financial inclusion by making it easier for low-income households in urban areas to access housing finance and by strengthening the capacity of financial institutions that target these groups.India’s urban population is expanding at a rapid pace and is expected to rise to 600 million by 2031, more than double that in 2001. Housing shortages in India are also acute with more than 90% of the shortage being faced by low-income households. In 2012 the urban housing shortage was estimated at 19 million.“Financial inclusion is a priority for the government Show Less -
Financial inclusion of low income households in urban areas is a key componentWASHINGTON, May 14, 2013 - The World Bank today approved a $100 million credit aimed at helping low income households in Indian... Show More + cities access loans to purchase, build or upgrade their dwellings.The Low Income Housing Finance Project will be implemented by the National Housing Bank (NHB). It will support financial inclusion by providing access to housing finance to low-income and informal sector households in urban areas and by strengthening the capacity of financial institutions that target these groups on a market basis.India’s urban population is expanding at a rapid pace and is expected to rise to 600 million by 2031, more than double that in 2001. Housing shortages in India are also acute: the 2012 urban housing backlog was estimated at 19 million, indicating that one fourth of the urban dwellers are living in inadequate housing or are homeless.“Some 10 million people flock to India’s towns and citi Show Less -