Cities are experiencing rapid growth across the Global South. With this growth however, also comes economic disparity and environmental degradation. Can microfinance offer a solution to these growing concerns?
With mass urbanisation has also come significant concern with regard to economis disparity and environmental sustainability.
From one perspective, rural to urban migration is thought to be helping to alleviate poverty by pushing more people into the middle class. Additionally, increased urban population density is seen to be ‘green’ because it lowers dependency on private vehicle use and increases resource efficiency. From another perspective however, mass urbanisation also causes a variety of problems across a range of geographic scales: socio-economic inequality, slums, sprawl, deforestation, air pollution, excessive waste and poor water management, to name a few. There is no ‘silver bullet’ for these problems...
Via Lauren Moss