$11trn Needed For 1bn New Homes Worldwide By 2025 – UN Habitat Report | Independent Newspapers Limited
Newsletter subscribe

Latest News

$11trn Needed For 1bn New Homes Worldwide By 2025 – UN Habitat Report

Lagos City
Posted: May 19, 2016 at 2:15 pm   /   by   /   comments (0)

The United Nations Habitat, on Thursday released its 2016 World Cities Report, which links growing global poverty to rural-urban migration, poor town planning and housing provisions and called for much more investment by governments to fill the yearning housing deficits in their countries.

According to the report, an estimated one billion new homes are needed worldwide by 2025 worth $650 billion per annum or between $9 and 11 trillion cumulatively, even as it noted the “shortages in qualitative deficiency (which) is much larger than those in quantity.”

According to the report titled: “Urbanisation and development: Emerging Futures,” authored by UN-Habitat core team of Eduardo Moreno, Ben Arimah, Raymond Otieno, Udo Mbeche-Smith, Anne Klen-Amin and Marco Kamiya, among others, “in 2010, as many as 980 million urban households lacked decent housing, as will another 600 million between 2010 and 2030.”

The report added that housing shortfalls represent a challenge in the world, recalling that in 1990, 689 million lived in slums, a figure that rose by 2014 to 881 million, representing a 28 per cent jump in the 14-year period.

Developing countries were at the receiving end, with 30 per cent of their urban population in 2014 residing in slums, which however representing an improvement from 39 per cent 14 years earlier.

Sub-Saharan Africa however accounted for 56 per cent of total growth in the number of slum dwellers among the developing regions of the world between 1990 and 2014.

In the area of urban planning, the World Cities Report regretted the situation where “many cities in the world still rely on outdated modes of planning notwithstanding that planning is central to achieving sustainable urban development, especially as many “are sprawling, and as such, densities are dramatically declining. In developing countries, a one per cent decline in densities per year between 2000 and 2050 would quadruple the urban land area.”

While planning frameworks in most cities are not gender sensitive, following which women are often left outside of the planning process and decisions, planning capacity is grossly inadequate in much of the developing world.

It noted that going by 2011 figures, whereas there were 23,000 accredited town planners in the UK, with a population of 61.13 million, resulting in 38 planners per 100,000 residents; in Nigeria, with its 162.5 million population had only 2,333 planners, representing a ratio of 1.44 planners per 100,000 people. Other African countries such as South Africa, Mauritius, Zimbabwe, had 3.33, 2.1 and 2.06 per 100,000 planners.

Specifically, the report noted the situation in Lagos, Nigeria’s economic capital and “rapidly growing mega city, Lagos, an inadequate and poorly maintained road network causes excessive commute times and severe congestion. Built under the government’s 2006 Strategic Transport Master Plan with broad stakeholder engagement, a bus rapid transit “BRT-lite” system has cut waiting times from 45 to 10 minutes, reducing exposure to pollutants and improving quality of life. The system carries 10 per cent of all trips to Lagos Island.”