Altogether, low-carbon urban actions available today could generate a stream of savings in the period to 2050 with a current value of US$16.6 trillion. International city networks, such as the C40 Cities Climate Leadership Group, Local Governments for Sustainability (ICLEI) and United Cities and Local Governments (UCLG), are scaling up the sharing of best practices and developing initiatives to facilitate new flows of finance, enabling more ambitious action on climate change. Better, more resilient models of urban development are particularly critical for rapidly urbanizing cities in the developing world. ![]() Compact, connected and efficient cities can generate stronger growth and job creation, alleviate poverty and reduce investment costs, as well as improve quality of life through lower air pollution and traffic congestion. By 2050, two-thirds of the global population will live in urban areas. About 85% of global GDP in 2015 was generated in cities. Cities are growing engines of economic growth and social change.
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