Global population growth of 50 million people each year on average until 2050, mostly in urban areas, will strain economic and social systems and put unprecedented pressure on the allocation of scarce resources.
Today an estimated one billion people live in slums and two billion people lack access to electrical power. Often this is a result of inadequate planning, poor policies, market failures, and gaps in government capacity. Though public institutions and governments recognize the universal need for adequate housing, in many cases it is local businesses that can most effectively provide solutions.
Lafarge has national initiatives providing affordable and efficient housing in India, Indonesia, Honduras and France.
Our goal, through the Lafarge Affordable Housing Program, is to implement a range of initiatives to provide decent affordable housing and financing for home extensions and renovations, for a total of 2 million people by 2020.
We have deployed 8 pilot projects on microfinance for affordable housing (Indonesia, Honduras, India, France, Nigeria, Cameroon, Zambia, Philippines).
Lafarge microfinancing program
We have decided to set up a Lafarge microfinancing program to help give families access, maybe for the first time, to a safe, comfortable, durable and energy efficient house through micro-credits. At the present time, 1.4 billion people live in extreme poverty. Many more with little access to traditional credit sources.
To build affordable housing it is also important that the costumer receives reasonable value on the purchases of their packaged cementitious products. Lafarge will thus collaborate with other actors to increase the efficiency of consumer services (product availability, financing, transport, storage).
Last update on 05/06/2013
FAQ 1 : Affordable housing in Lafarge 2012 Sustainability Report
FAQ 2 : A long-term local approach
Lafarge's Affordable Housing approach takes a
long-term approach and aims to provide bespoke solutions, tailored to local
challenges and populations' needs. It is not about short-term patronage,
but considering affordable housing as a market of its own.
The Group has identified several action areas:
- microcredits to improve living conditions;
- rehabilitation of slums in situ;
- programs with real-estate developers and governments;
- new generation social housing in developed countries.
FAQ 3 : Training future architects in affordable housing with Studio+
Studio+ is a project
launched by Lafarge in December 2011. The principle is to make future
architects work with various construction materials and, with Lafarge's help,
find construction systems capable of responding to the challenges of
For its first phase, Studio + is targeting schools:
- Ecole Nationale Supérieure d'Architecture in Paris-Belleville - Paris, FRANCE
- Sir JJ College of Architecture - Mumbai, INDIA
- "Ion Mincu" University of Architecture and Urbanism - Bucharest, ROMANIA
Four other countries are currently being studied: North America, Brazil, Egypt and China.