Cities generate 80 percent of global GDP and consume 75 percent of the world’s resources. Smart and innovative solutions are required to optimize the continued increase in global urbanization. Risks and opportunities for people and communities associated with creating sustainable urban infrastructure must be understood and balanced. It involves integral planning and management, strategic communication, participation, and inclusion.
IFC’s Sustainable Infrastructure Advisory works to mitigate social risks and maximize the positive opportunities associated with urban infrastructure and services. We work to improve community awareness and engagement practices to support the sustainability of infrastructure projects. We also help municipalities and private companies to design community engagement strategies centered around urban projects and foster coordination among the government agencies and community leaders in urban centers. This enables long-lasting and high-demand improvements in the quality of life for local communities.
By proactively investing in people around these infrastructure developments, we help them feel vested in the long-term presence and success of projects. It creates shared value and economic opportunities, especially for women and youth. We recommended actions such as building broad multi-stakeholder support for the project, integrating the community into the design, construction and operational planning, and building social acceptance for tariffs, to ultimately reduce construction delays, minimize cost overruns caused by non-inclusive design.