Four regional development banks have released a report analyzing the importance of infrastructure investments in urban planning.
The report, titled Creating Livable Cities: Regional Perspective, analyzes urbanization trends in emerging and developing economies in Africa, Asia and the Pacific, emerging Europe, Central Asia, the Southern and Eastern Mediterranean, and Latin America and the Caribbean.
The report was released by African Development Bank (AfDB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), and Inter-American Development Bank (IDB).
“Cities offer access to key infrastructure, institutions, and services for a good quality of life,” said Takehiko Nakao, president of ADB at an Oct. 18 launch event in Washington, D.C. “They can be centers of innovation for a more livable future for all. But realizing that potential requires forward thinking and flexible planning, adequate capacity at the municipal l