Innovating in Municipal Finance: Joint Strategies for the Implementation of the New Development Agenda – Call for Joint Action

  • Date: 14 July 2015, 1:15pm - 2:45pm
  • Location: Elilly Gada Hall

Organised by

  • United Nations Capital Development Fund (UNCDF)
  • United Nations Human Settlements Program (UN-Habitat)
  • Global Fund for the Development of Cities (FMDV)
  • Global Task Force of Local and Regional Governments for the post 2015 development agenda
  • African Union Specialized Technical Committee (STC) on Public Service, Local Government, Urban Development and Decentralization

Summary

While only about one-tenth of the World’s largest urban areas are in LDCs, 30 of the 35 most rapidly-growing large city worldwide are located in LDCs. In this context, local and regional governments are instrumental for SDGs implementations, but their financial options have not kept pace. This session will present the potentiality of innovative financial strategies, the role of the different actors at international (DFIs, international organizations), national (Governments, financial intermediaries, private sector) and local levels and their conditions of success to allow LDCs to create the appropriate conditions to respond to the development challenges with the local governments.

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