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This paper is a background review representing part of the initial phase of the Financing the Urban Transition work programme. The review builds on a growing body of research that highlights both the importance of national sustainable infrastructure and the need to develop more effective and efficient financing mechanisms for delivering compact, connected cities that meet the UN’s Sustainable Development Goals. While progress has been made in both these areas over the last five years, there remains a policy gap between the international/national level and the municipal level.

New mobility services could improve the lives of all urban inhabitants. This first ever global survey finds that applying three types of new mobility services – electric, on-demand minibuses, subsidized shared rides, and trip-planning and ticketing apps – can make public transport more affordable, accessible and sustainable, if integrated properly.

This newsletter covers an event hosted by the New Climate economy and the Swedish Embassy on Business Opportunities for the Climate and Economy, the New Climate Economy's response to the US on the Paris Agreement, a new OECD report, and the latest developments on carbon pricing and renewable energy.

Investing in sustainable infrastructure is key to tackling the three central challenges facing the global community: reigniting growth, delivering on the Sustainable Development Goals, and reducing climate risk in line with the outcomes of Paris, writes Lord Nicholas Stern in The Independent.