A/RES/71/256 New Urban Agenda supporting micro-, small and medium-sized enterprises and cooperatives throughout the value chain, in particular businesses and enterprises in the social and solidarity economy, operating in both the formal and informal economies. 59. We commit ourselves to recognizing the contribution of the working poor in the informal economy, particularly women, including unpaid, domestic and migrant workers, to the urban economies, taking into account national circumstances. Their livelihoods, working conditions and income security, legal and social protection, access to skills, assets and other support services, and voice and representation should be enhanced. A progressive transition of workers and economic units to the formal economy will be developed by adopting a balanced approach, combining incentives and compliance measures, while promoting preservation and improvement of existing livelihoods. We will take into account specific national circumstances, legislation, policies, practices and priorities for the transition to the formal economy. 60. We commit ourselves to sustaining and supporting urban economies to transition progressively to higher productivity through high -value-added sectors, by promoting diversification, technological upgrading, research and innovation, including the creation of quality, decent and productive jobs, including through the promotion of cultural and creative industries, sustainable tourism, performing arts and heritage conservation activities, among others. 61. We commit ourselves to harnessing the urban demographic dividend, where applicable, and to promoting access for youth to education, skills development and employment to achieve increased productivity and shared prosperity in cities and human settlements. Girls and boys, young women and young men are key agents of change in creating a better future and when empowered they have great potential to advocate on behalf of themselves and their communities. Ensuring more and better opportunities for their meaningful participation will be essential for the implementation of the New Urban Agenda. 62. We commit ourselves to addressing the social, economic and spatial implications of ageing populations, where applicable, and harnessing the ageing factor as an opportunity for new decent jobs and sustained, inclusive and sustainable economic growth, while improving the quality of life of the urban population. Environmentally sustainable and resilient urban development 63. We recognize that cities and human settlements face unprecedented threats from unsustainable consumption and production patterns, loss of biodiversity, pressure on ecosystems, pollution, natural and human -made disasters, and climate change and its related risks, undermining the efforts to end poverty in all its forms and dimensions and to achieve sustainable development. Give n cities’ demographic trends and their central role in the global economy, in the mitigation and adaptation efforts related to climate change, and in the use of resources and ecosystems, the way they are planned, financed, developed, built, governed and ma naged has a direct impact on sustainability and resilience well beyond urban boundaries. 64. We also recognize that urban centres worldwide, especially in developing countries, often have characteristics that make them and their inhabitants especially vulnerable to the adverse impacts of climate change and other natural and human made hazards, including earthquakes, extreme weather events, flooding, subsidence, storms, including dust and sand storms, heatwaves, water scarcity, droughts, water and air pollution, vector-borne diseases and sea level rise, which particularly affect coastal areas, delta regions and small island developing States, among others. 12/29

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