India is one of the most rapidly urbanizing developing nations with the growth of urban population estimated to be 40% by 2030. Traditional models of city development can lead to an increase in slums and congestion, urban sprawl, and inefficient resource use. However, compact, connected, and well-planned growth can help ensure more competitive cities, and provide a better quality of life for citizens. Some of the key challenges that cities face today are inadequate provision of affordable housing, water and sanitation, electricity, rising poverty and crime, growing landfills, lack of infrastructure and poor mobility. Underlying most, if not all these challenges is a weak governance system and poor urban planning? To ensure that we build cities that are safe, resilient, inclusive and sustainable will require collaboration from all stakeholders – government, businesses, entrepreneurs, citizens and civil society organizations.
In this session, we will look closely at some key constituents of sustainable cities - affordable housing, waste management and good governance – to identify scalable business models, policy levers to encourage private sector involvement, and ways to mobilize private capital to scale effective solutions.