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4Urban world<br />

The number and scale of cities continues<br />

to grow across the globe — driven by rapid<br />

urbanization in emerging markets and<br />

continued urbanization in mature markets.<br />

The United Nations (UN) <strong>report</strong>s that 54%<br />

of the world’s population currently live in<br />

cities, and by 2050, this proportion will<br />

increase to 66%.<br />

In order to harness the economic<br />

benefits of urbanization, policymakers<br />

and the private sector must do<br />

effective planning and attract sustained<br />

investment in railroads, highways, bridges,<br />

ports, airports, water, power, energy,<br />

telecommunications, and other types of<br />

infrastructure. Effective policy responses<br />

to the challenges that cities face, including<br />

climate change and poverty, will be<br />

essential to making cities of the future<br />

competitive, sustainable and resilient.<br />

Megatrends <strong>2015</strong> Making sense of a world in motion<br />

31

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