Green, Resilient, and Inclusive Housing Finance

The global affordable housing crisis demands urgent action. More than one billion people live in slums globally – a figure that is expected to double by 2030 – and 1.6 billion people live in sub-standard housing. An estimated 100,000 homes would have to be built per day through 2030 to meet demand. With 60% of the world’s population expected to live in cities by 2030, rapid urbanization is contributing to the demand for affordable and sustainable housing. This represents a US$16 trillion financing gap and an opportunity for developers, investors, and lenders alike.

The World Bank Group is developing and supporting innovative solutions to harness those resources and channel them towards initiatives that will expand access to affordable housing in developing countries. Ensuring more people have access to safe, sustainable, and affordable homes is key to economic growth, improvements in health and education outcomes, and social and political stability.

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