
The world is undergoing the largest wave of urban growth in history, bringing huge social, economic and environmental transformations. Urbanization has the potential to usher in a new era of well-being, resource efficiency and economic growth. But cities are also home to high concentrations of poverty. Nowhere is the rise of inequality clearer than in urban areas, where wealthy communities coexist alongside, and separate from, slums and informal settlements. The face of inequality is increasingly even in our Western cities. Too many urban residents grapple with extreme poverty, exclusion, vulnerability and marginalization.
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