India’s G20 Presidency: A breadth of view for Urban planning development and a Sustainable Future
G-20 URBAN PLANNING AND DEVELOPMENT
Capitalize Cities of Tomorrow:The declaration presents a financing strategy and a compendium of innovative urban planning and financing models.
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- It encourages stakeholders, including DFI (Development Financial Institutions) and the MDBs (Multilateral Development Banks), to explore the potential of these principles in their planning and financing of urban infrastructure.
- Over-all Growth of Cities: The declaration outlines enablers of inclusive cities. It also mentions the customizable G20/ADB(Asian Development Bank) Framework on Capacity Building of Urban Administration, which is intended to guide local governments in assessing and enhancing their institutional capacity for effective public service delivery.
- Quality Infrastructure Investment (QII) Indicators: The declaration notes the ongoing pilot application of these voluntary and non-binding indicators, which could potentially guide urban development.
- Investment and R &D efforts on Disaster Risk Reduction: The G20 Presidency has initiated efforts on disaster risk reduction, which is crucial for building resilient urban environments.
- Lifestyles for Sustainable Development: The declaration acknowledges the role of sustainable lifestyles in climate action, which can directly impact urban development and planning.
- Sustainable and Resilient Blue/Ocean-Based Economy: As part of the environmental considerations, the declaration lists a set of high-level principles for building a sustainable and resilient blue/ocean-based economy.
G-20 URBAN PLANNING AND DEVELOPMENT
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