Thai pilot project to curb housing crisis

Micro savings scheme launched in Bangkok may be one approach to solving growing problem.

Micro savings project launched in Bangkok may be one approach to solving growing problem.

A UN research has showed that people in the Asia Pacific region are four times more likely than the global average to lose their homes to climate change and natural disasters.

This has led to a massive wave of urbanisation, leading to a housing crisis in big cities and creating a desperate need for resilient housing in the region’s cities.

A pilot project involving micro savings launched in the Thai capital could be one approach to solving the growing housing problem.

Al Jazeera’s Veronica Pedrosa reports from Bangkok.

Source: Al Jazeera