Global Assessment Report on Disaster Risk Reduction 2015
Making development sustainable: The future of disaster risk management


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and eco-cities, these plans promise to modernize African cities and turn them into gateways for international investment. The need to attract investment is without question. However, it is unclear how these plans will benefit the urban population living in informal settlements, below the poverty line and with minimal access to urban services (Watson, 2014

Watson, Vanessa. 2014,African urban fantasies: dreams or nightmares? Environment and Urbanization, Vol, 26, No. 1: 215-231.. .
).
Economic growth and intensive disaster risk
Economic growth and urbanization go hand in hand. In general, the countries with the highest GDP per capita are those with the largest proportion of their population living in cities (Satterthwaite and Mitlin, 2014

Satterthwaite, David and Diana Mitlin. 2014,Reducing Urban Poverty in the Global South, USA and Canada: Routledge Publishing.. .
; Figure 11.3). In low and middle-income countries, rapid urbanization is generally associated with rapid economic growth (IPCC, 2014

IPCC (Intergovernmental Panel on Climate Change). 2014,Climate Change 2014: Impacts, Adaptation, and Vulnerability, Working Group II. Cambridge and New York: Cambridge University Press.. .
).
As such, urban growth accompanies global investment flows and increases the value of exposed assets in hazard-exposed areas, such as
cyclone and tsunami-prone coastlines and river basins. A recent risk analysis of 616 major metropolitan areas comprising 1.7 billion people (nearly 25 per cent of the world’s total population) and approximately half of global GDP found that flood risk threatens more people than any other hazard (Swiss Re, 2014b). River flooding poses a threat to over 379 million urban residents, while earthquake and strong winds could potentially affect 283 million and 157 million, respectively (UNHabitat, 2014).
This exposes whole cities and city regions to intensive hazards (UNISDR, 2011a

UNISDR. 2011a,Global Assessment Report on Disaster Risk Reduction: Revealing Risk, Redefining Development, Geneva, Switzerland: UNISDR.. .
; 2013a). As highlighted in Chapter 10, disaster risk is rarely taken into account in investment decisions, while rapid urban development can overwhelm the capacity of city governments to manage growth. For example, amongst the 611 cities with over 750,000 inhabitants in 2010, 47 had populations that had grown twentyfold since 1960 and 120 had populations that had grown more than
Figure 11.2 Hope City, Accra, and Tatu City, Nairobi
A more likely scenario is the emergence of new informal settlements outside the new cities. Public investment in these new projects may leave less cash for basic infrastructure and services and could accelerate further social and spatial segregation.
(Source: Watson, 2014

Watson, Vanessa. 2014,African urban fantasies: dreams or nightmares? Environment and Urbanization, Vol, 26, No. 1: 215-231.. .
.)
(Source: Watson, 2014

Watson, Vanessa. 2014,African urban fantasies: dreams or nightmares? Environment and Urbanization, Vol, 26, No. 1: 215-231.. .
.)
At present, while these new plans have created interest for developers and investors, many have been stalled by disputes and court cases related to land acquisition, financing and resettlement. However, the benefits to the urban population currently living in informal settlements in prime locations near urban centres are unclear.
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