Local economic development
Cities actively promote local economic development by creating employment opportunities that build on the comparative advantages and unique qualities of their localities. The choices cities make to create an enabling environment for development and growth should depend on dialogue and partnership among local-level stakeholders. UNDP has worked with local authorities to provide governance and economic development support. The Integrated Framework for Local Governance and Local Development developed by UNDP, UN Capital Development Fund and UN Volunteer, focuses on the key role of subnational authorities and actors in development and promotes dialogue and consensus-building platforms where the public and private sectors, civil society, academic and research institutions are actively engaged in planning and using local resources in a sustainable manner. The interlinked elements of the approach are:
- Effective multi-level governance for territorial development
- Equitable, effective and sustainable delivery of goods and services
- Inclusive decision-making processes involving women and men
- Secure, stable and peaceful environment for development where rule of law prevails
- The sustainable use and management of natural resources
- Increased economic opportunities and jobs for women and men
- Design of resilient, low-carbon economic activities to reduce emissions and adverse effects of climate change.
