For the first time in history, more than half the world’s population now live in urban areas and about 70% will be city dwellers by 2050.The UN estimates that 11 out of 20 mega-cities are in Asia and the Pacific. Projections indicate that by 2050, half the world’s megacities with populations of over 10 million will be in this region. By 2015, an estimated 48% of the region’s population, or 1.9 billion people, will live in urban centers. The region has to act now to begin a concerted regional effort to help cities unleash their potential to spur economic growth and solve social problems. Read More
