BANGKOK, Nov 25, 2021 – (ACN Newswire) – The Asia-Pacific Housing Forum taking place from December 7 to 9 highlights the urgent need to build sustainable, inclusive, and affordable housing, in a region where millions of people live in extreme poverty below the threshold of US$1. 90 a day and where communities continue to grapple with the health and economic impact of COVID-19.
Even before the pandemic there were still 1.6 billion people who needed shelter. Global health crises have highlighted the importance of shelter to ensure safety and well-being. It is clear that the most vulnerable people, those who are unable to deal with the pandemic, will be the most affected by the economic shocks and the threat of natural or man-made disasters and the adverse effects of climate change.
“The Asia-Pacific Housing Forum’s main theme, ‘Building forward better through inclusive Housing’, means that everyone, particularly the most vulnerable families, has a voice and a role in the process to increase access to decent housing. Luis Noda is Habitat for Humanity’s Asia-Pacific vice-president. To build a better, greener, safer and more resilient society, we must focus our efforts on the needs of the people. “
The virtual conference will be attended by various stakeholders and actors across the housing ecosystem and serves as a platform for the exchange and sharing of, experiences, technologies, innovations, and solutions.
The forum’s four tracks are Build resilient cities and communities; Innovative housing solutions and technologies; Advance sustainability in the housing sector; and Finance affordable housing. The tracks continue to have common themes in economic growth and adaptation to climate change.
The resilient cities and communities track looks at how governments and sectoral stakeholders can work together towards a more sustainable urban future. The track on innovative housing technologies and solutions explores how technology and innovation can be used to create affordable housing.
The track on sustainability in the housing sector looks at the different approaches to advance and harmonize the environmental, social, cultural, and economic dimensions of housing to ensure equitable cities and communities. The final track, financing affordable housing, will examine the financing mechanisms of both public and private actors that provide affordable housing.
Recently, Habitat for Humanity released a report titled “A Ladder Up: The construction sector’s role in creating jobs and rebuilding emerging market economies” authored by economists at the Universities of Pennsylvania, Southern California, and Washington. The report states that every $1 million in construction output creates an average of 97 jobs across the countries studied, with 165 jobs per $1 million in the Philippines, and 182 jobs per $1 million in India. These findings can be used by low- and medium-income countries to decide which areas to prioritize in rebuilding their economies after the pandemic.
Thailand, being a fast emerging economy, investing in residential construction may represent a potential win because of possible large number of jobs it can create locally. From 2018 to 2019, the poverty rate in Thailand dropped to 6.2%, according to the World Bank. However, in 2020, the poverty rate increased to 8.8% due to the impact of COVID-19.
The Asia-Pacific Housing Forum is organized by Habitat for Humanity, in collaboration with the European Union-funded SWITCH-Asia Sustainable Consumption and Production Facility.
Register for the virtual Asia-Pacific Housing Forum from December 7 to 9 at aphousingforum.org/registration/.
About Habitat for Humanity
Driven by the vision that everyone needs a decent place to live, Habitat for Humanity found its earliest inspirations as a grassroots movement on an interracial community farm in U.S.A. Since its founding in 1976, the housing organization has grown to become a leading global nonprofit working in more than 70 countries. In the Asia-Pacific region since 1983, Habitat for Humanity has supported millions of people to build or improve a place they can call home. Everyone can help families build stronger, more stable, and more self-reliant lives by providing financial support, volunteering, or simply being a voice for affordable housing. To learn more, donate or volunteer, visit habitat.org/asiapacific.
About EU SWITCH-Asia Programme
Launched in 2007, the SWITCH-Asia programme is the largest European Union-funded programme promoting Sustainable Consumption and Production (SCP) supporting 24 countries in Asia and Central Asia. The programme has funded around 130 projects, supporting over 500 Asian and European non-for-profit partners, about 100 private sector associations and 80. 000 Asian MSMEs. SCP Facility is one of SWITCH Asia Components. It aims to strengthen the implementation of SCP policies on the national level and facilitate the coordination of all components through information sharing. It also conducts analyses of pilot projects’ results and facilitates dialogue with stakeholders.
Topic: Press release summary
Source: Habitat for Humanity International
Sectors: Real Estate
From the Asia Corporate News Network
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