Vienna Development Knowledge Center

European cities are rapidly adopting the 15-minute city concept, ensuring residents have short access to essential services. At a recent World Bank workshop in Vienna—both the host city and an urban planning model—delegations from Albania, Azerbaijan, Bosnia and Herzegovina, Kazakhstan, North Macedonia, Serbia, Uzbekistan, and Turkey discussed mixed-use spaces, green areas, and public transport. The event emphasized that while global urban concepts set direction, locally adapted small-scale implementation—drawing on international experiences—remains essential for creating livable cities.

Central Asian countries are grappling with outdated Soviet-era water infrastructure, resulting in significant water losses. A recent workshop organized by the Vienna Development Knowledge Center highlighted the urgent need for infrastructure upgrades and stronger institutional frameworks, including clearer regulations and improved cross-border cooperation. While international institutions like the World Bank are stepping up funding for these efforts, challenges such as low water tariffs, balancing affordability with sustainability, and the impacts of climate change complicate the path forward.

In connection with an 'AI in Education' workshop hosted by the Vienna Development Knowledge Center, the World Bank's Rafael de Hoyos urged caution regarding the rollout of AI in schools. Speaking to major Austrian daily KURIER, he advocated for a scientific, evidence-based approach, referencing past technology implementation failures. He stressed the need for pilot projects, data protection and addressing potential inequalities, emphasizing that education systems must adapt strategically with a focus on core skills and teacher training to benefit all students, especially the disadvantaged.

In the latest FINEANCE podcast episode, Richard Record, Acting Country Manager for Albania and Lead Economist for the Western Balkans at the World Bank, discusses the organization's evolving role beyond finance, emphasizing reform delivery and knowledge dissemination. He also highlights the Vienna Development Knowledge Center's impact on addressing economic challenges in developing countries across Europe and Central Asia, and stresses the vital role young people play in shaping the future through curiosity, skepticism, and active engagement.