City2City

The role of municipal finance in financing sustainable development is high. Many of the investments needed to achieve the 2030 Agenda are made at the subnational level, especially by cities. Local authorities have a responsibility to ensure that every citizen has access to essential services and that their provision is safe, affordable and sustainable. Increasingly, they need to prepare for climate change. Governments at the subnational level need to be able to access and mobilise diverse sources of finance to make long-term investments in sustainable urban development. Many local governments are exploring a range of advanced market-based finance tools, such as equity finance, pooled finance arrangements, municipal bonds and public-private partnerships. UNDP is supporting subnational governments to adapt the Sustainable Development Goals (SDGs) to local contexts, take stock of available finance mechanisms, involve citizens directly in budget processes and pilot new and innovative financing models. For example, UNDP has supported SDG localization in China, Indonesia and Pakistan. In Pakistan and Angola, UNDP is working to strengthen the capacities of municipal administrations so that they – and the communities they serve – have greater control over decision-making processes and resource allocation. Other UN agencies are also supporting urban finance, notably the UN Capital Development Programme through its Municipal Investment Finance programme, which builds the capacity of local governments to access to sustainable sources of capital financing.

Latest

7 April 2020 - This document provides examples of measures taken by cities to...
Approved
4/7/20

24 March 2020 - The SDG currency could help local governments to measure how citizens use public services, impact the environment, consume local goods and how to change the impact of such individual behavior to make cities more sustainable.

Event Date:
02/04/2020 - 18:00
Approved
23 Mar 2020

23 March 2020 - The City of Helsinki has decided to establish an express fund for people and organisations affected by the closure of culture and leisure events. 

Approved

17 Feb 2020 -  The Guangzhou Award serves as a platform for the sharing and exchange of innovative practices in the local implementation of the United Nation’s Sustainable Development Goals (SDGs) and New Urban Agenda (NUA). Its objective is to contribute to the creation of inclusive, safe, resilient and sustainable cities and human settlements.

Event Date:
01/07/2020 (All day)
Approved
17 Feb 2020

17 Feb 2020 - The Tenth World Urban Forum wrapped up in Abu Dhabi with delegates urging action on all aspects of rapid urbanization, recognizing that an increasingly urbanized world is a ‘transformative force’ that can be harnessed and steered to boost sustainable development.

Approved
2/17/20

Abu Dhabi, 13 February 2020 - This #WUF10 highlights video was screened at the closing ceremony of the Tenth Session of the World Urban Forum (#WUF10 ) in Abu Dhabi.

Approved

The Dubai International Best Practices Award for Sustainable Development is looking for the most innovative practices around the globe that improve the living environment with $1M worth of prizes to be awarded at the Dubai Expo 2020.

Event Date:
30/04/2020 (All day)
Approved
30 Dec 2019

30 Dec 2019 - In this thematic session, participants engaged in investment case examples presented by public and private sector investors that are partnering together in order to mobilize more capital towards financing the SDGs, especially Goal 11.

Approved
10 Dec 2019

10 Dec 2019 - The E-Home crowdsourcing project is a communication service provided to residents of apartment buildings in the Russian capital and seeks to enable them to better participate in the management of the property they live in.

Approved
2 Dec 2019

02 Dec 2019 - In a new report titled “Towards a New System of Community Wealth,” researchers spell out how to move from the top-down, grant-based model for community development to a more localized, entrepreneurial approach.

Approved
In a new report titled “Towards a New System of Community Wealth,” researchers...
Approved
12/2/19
13 Nov 2019

13 Nov 2019 -  By the end of the century, none of the world’s largest 20 cities will be in China, Europe, or the Americas. Africa, meanwhile, will host 13 out of 20, including the top 3.

Approved