US utilities set to fund renewable transition without subsidies
Economics not politics look set to driver transition in the US
The world's population is an increasingly urban one driving economies and aiding development in emerging and frontier economies but challenges remain.
Today, 55% of the world's population lives in urban areas, a proportion that is expected to increase to 68% by 2050. The pressures on services and demand for infrastructure are clear. However the concentration of people does allow for more targeted solutions to a huge range of issues from crime to pollution. Many more cities are reaching the megacity category as they grow and as urban centres merge. Increasingly professional investors believe that the solutions to city growth are investable.