Green Structural Adjustment in the World Bank’s Resilient City
Glyn Davis Building (Melbourne School of Design)
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Are cities prepared for the costs of rapid urbanisation and climate change devastation?According to recent World Bank reports and programs, cities across the Global South are facing a costly urban resilience and infrastructural crisis stemming from rapid urbanisation and climate change. But, the cost of achieving urban resilience in these cities dwarfs available public financing. As a result, the World Bank is attempting to channel return-seeking investments into resilient urban infrastructure.
In this seminar, Dr Sophie Webber charts the emergence of this discourse and associated set of practices that seek to reformat cities in investment friendly ways, identifying a new program of Green Structural Adjustment.