Some of our partners have subsidiaries in the USA. We transfer your personal data to these partners in the USA either manually or via an interface.
Please note that with the ruling of July 16, 2020 (Court of Justice of the European Union C-311/18, Schrems II Ruling), the adequacy decision that permitted the transfer of personal data to the USA was repealed.
This means that the USA, as a third country, does not provide an adequate level of data protection.
The specific risk to you as a user is that if your personal data is transferred to the USA, it may be accessed by the US authorities for control and monitoring purposes and you have very few effective and enforceable rights to object to this access.
The personal data that we transfer to the USA consists primarily of IP addresses (internet protocol addresses).
We work with the following service providers, depending on the application:
We require your consent to allow us to pass on your personal data to these service providers.
You are able to withdraw your consent at any time and with immediate effect via the Cookie Settings page of our website.
COOKIE CONSENT AND TRANSFER OF DATA TO THE USA
These cookies ensure the basic functioning of our website. In other words, your preferred settings are saved for the next time you visit the site. This includes settings regarding your country of residence and language. These cookies also help ensure the secure use of our website.
The use of these cookies enables us to analyse the use of our website. They also help us to continually improve the website’s functionality. Furthermore, they allow us to integrate third-party services, which enables advanced functionality of our site.
The use of social media cookies and applications allows advertisements that are displayed on other platforms to be tailored to your preferences.
I hereby give my consent to the transfer of my personal data to the USA.
Demographic Change and Urbanization - Challenges & Solutions
How to solve the challenges of the future. About the important role of the construction industry.
Share this Article
Megatrends: Demographic Change & Urbanization
The megatrends "demographic change" and "urbanization" will bring even greater challenges in the future. The population will grow from today 7,6 to almost 10 billion people in 2050. 70 % of them will live in cities.
While in Europe, America and Oceania the population will remain almost the same, it will increase rapidly in Asia and Africa. By 2100, Asia and Africa will account for over 80% of the world's population.
This also leads to a change in the megacities. Today, the world's largest cities are in America and Asia, and in the future they will be in Africa and Asia. The following graph shows the megacities today (green) and in 2100 (yellow). Most of these cities will be located in Africa and much larger than today's megacities.
Source: Global Cities Institute Working Paper No. 04, University of Toronto
These megatrends and the rapid growth of cities will bring enormous challenges. Following has to be solved and provided:
Well-functioning infrastructure for water, traffic, energy, sanitary and waste treatment.
Food and drinking water supply.
Poverty alleviation and jobs.
Construction Sector as Solution Provider
The construction sector is playing a very essential role to be a solution provider for these challenges. Growing from 7.2 to 10 trillion dollar in 2020, the industry is counting 15 % of the global BIP. Construction will therefore be one of the most important industries in a dual perspective.
The construction industry will be the solution provider for
Umdasch Group Ventures is delivering solutions for the future to contribute significantly to these social and global challenges.