Planning and Financing Low-Carbon, Livable Cities.
- World Bank Group President Jim Yong Kim announced a groundbreaking new initiative to reach 300 cities in developing countries over four years to help them plan for a low-carbon future and get the needed finance flowing.
- An estimated 6.2 billion people – two-thirds of the world’s population – will be living in cities by 2050.
- Cities already account for about two-thirds of the world’s energy consumption and about 70 percent of greenhouse gas emissions. A low-carbon development path could help them cut global greenhouse gas emissions by 30 percent.