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The TransMilenio Bus Rapid Transit system is at the heart of Bogotá's strategy to serve the transport needs of a majority of the city's residents, who do not own a car.
Policy challenges include the shift in financial intermediation away from traditional banks toward digital finance providers.
Without proper valuation, natural assets’ scarcity remains economically invisible, leading to their exploitation for short-term gains.
Residents in Thimphu contributed part of their land for urban infrastructure and services to support the growth of their city.
Disbursing against results, rather than upfront expenditures, helps improve the effectiveness and efficiency of government-owned sector programs and promote good practices.
Seoul established a quasi-public bus system, restructured routes, created median lanes, built transfer centers, and integrated its fare system to improve service.
Addressing weaknesses in procurement, contract and asset management, and financial management ensures better project management and implementation.
Establish an internal risk management system, implement concrete strategies, enhance governance structure, and strengthen information disclosure.
Secure funding sources and allocate resources effectively.
Implementation of a health and safety plan based on international best practices can protect workers and communities from COVID-19 infection.