This new initiative, led by UN-Habitat, is a collaborative approach to help 150 million urban poor adapt to climate change in informal settlements by 2023. 140 ‘hotspot’ cities in 50 developing countries have been identified where the initiative could support climate smart resilient spatial planning, infrastructure improvement and enhance livelihoods. To that end, the partners must mobilize USD $15.2 billion over four years which represents only a small fraction of what is needed for global climate adaptations. The efforts would be scaled up, in a second phase, to reach the estimated 600 million urban poor who are currently at risk of the impacts of climate change, with an estimated budget USD 60.8 Billion, within the framework of Agenda 2030.
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