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Home to 55 percent of the world’s population, cities contribute an astounding 80 percent of global GDP. So it’s good news for the global economy that cities are exploding in size. Each year, urban areas are growing by an average of more than 75 million people - greater than the population of the world’s 85 smallest countries combined.
But their high density of people and assets - precisely the characteristic that drives their economic productivity - also makes cities extremely vulnerable to disasters.
By 2030, without significant investment to improve the resilience of cities around the world, climate change may push up to 77 million urban residents into poverty.
Find out more: www.gfdrr.org/urbanresilience
ABOUT THE GLOBAL FACILITY FOR DISASTER REDUCTION AND RECOVERY (GFDRR) is a global partnership that helps low- and lower-middle-income countries better understand and reduce their vulnerabilities to natural hazards and adapt to climate change. GFDRR provides grant financing, technical assistance, training and knowledge sharing activities to mainstream disaster and climate risk management in national and regional policies, strategies, and investment plans. The Program Management Unit, located within the World Bank, manages www.gfdrr.org grant resources to carry out GFDRR’s mission.
ABOUT THE WORLD BANK GROUP 🌐 The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. www.worldbank.org