Currently 1.2 billion people are without adequate shelter. This places some of the most densely populated, rapidly urbanising parts of the emerging world at great risk from Coronavirus, without the healthcare and infrastructure systems needed. They will be at the epicentre of this disease and its repercussions.
In addition to the direct effects of the virus, we will see significant macroeconomic impact. Supply chains are being disrupted, demand is softening, and the wider global economy appears to be tipping towards a protracted downturn. The implications of these global economic shocks could exact an even greater human toll than the virus itself.
Covid-19 has highlighted that decent, sanitary and affordable homes with running water, clean energy and enough space is a frontline defence against the health and economic impacts of pandemics. The need for affordable housing solutions at scale is more urgent than ever, not only for this disaster but to build resilient cities with residents able to withstand future shocks and to kick start economic recovery.
Reall’s Partners Across Urban Africa and Asia
In the context of this global emergency impacting lives and businesses directly, the importance of Reall’s mission has never been more important and the centrality of our partners businesses to delivering a critical solution on the urban frontlines to the poorest and most vulnerable in the cities which we work.
Short term response: Reall are synergising information from across our partners networks in governments, the housing and banking ecosystems to develop appropriate targeted strategic responses specific to each country affected. Reall are focused on lasting solutions to serve the most pressing priorities of people on a low income.
Long-term recovery: Solutions that ultimately deliver the key to addressing emergencies caused by disasters such as Covid-19 and providing cities with the resilience they require to withstand health and economic shocks.
Reall are working with our partners and networks to reframe the dialogue as an opportunity to build back better in a way that makes rapid urbanisation work for vulnerable people. The importance of safe, quality, low-cost housing is pivotal. We are ready to work in an open-source way with others to scale our proof of concept in urban Africa and Asia, demonstrating its value in protecting people and rebuilding damaged economies.
Immediate Engagement with Partners and Networks during Lockdown
Global Networks
Resilient Cities and Residents:
Building Economic Recovery
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