Tuesday, 02 January 2024 12:17 GMT

Global Housing Crisis Requires Coalition-Based Solutions, UN-Habitat Official Says


(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 19. It is impossible to resolve the global housing crisis without a coalition-based approach, the Director of the Regional Program Division at UN-Habitat, Patrick Canagasingham, said, Trend reports.

He made the statement during the session“Housing at the Center of Global Coalitions,” held as part of the World Urban Forum (WUF13) in Baku.

Canagasingham noted that housing affordability issues are increasingly influencing political processes, including elections in various countries, as well as the socioeconomic conditions of the population.

According to him, housing problems are closely linked to factors such as informal settlements, inequality, climate vulnerability, and infrastructure deficits.

“Housing systems directly affect economic productivity, migration, public finances, and the sustainability of cities. No single state or institution can solve the global housing crisis on its own; therefore, coalition-based and cross-sectoral solutions involving governments, local authorities, the private sector, and civil society are necessary,” he stated.

Furthermore, Canagasingham also emphasized that housing should be viewed not as a result of development, but as a key driver of it, influencing climate policy, economic competitiveness, and social cohesion.

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Trend News Agency

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