According to the UN, by 2030, about 3 billion people – about 40 percent of the world’s population – will be in need of proper housing and access to basic infrastructure such as water and sanitation.
This translates into the need to complete almost 100,000 housing units per day from now until 2030. Additionally, homeowners and potential homeowners face many challenges, including affordable housing and the need for energy efficiency due to rising energy costs.
While rapid urbanization presents a big challenge, it also presents a great spectrum of opportunities. Development of sustainable housing offers opportunities to promote economic development, environmental stewardship, quality of life and social equality.
Source: UN Habitat for a Better Urban Future