In a bold move to address one of Maldive’s most pressing challenges – severe housing shortages in the densely populated capital region – the Maldives government has rolled out its comprehensive ‘Housing for All’ policy.
Under the scheme guidelines, initial rents for ARHCs are determined by local authorities based on surveys. The rent increases by 8 per cent biennially, with a maximum cumulative increase of 20 per cent over five years.
As COP17 continues through its thematic days on finance, water, land and people, and food systems and soil health, the focus remains on moving from declarations to measurable action.
As COP17 continues through its thematic days on finance, water, land and people, and food systems and soil health, the focus remains on moving from declarations to measurable action.