Directing and mobilizing urban finance
Developing a framework to assist countries to support cities in raising, steering and blending finance to fill the sustainable infrastructure investment gap
Recognising the central importance of national economic decision-makers, the Coalition for Urban Transitions is working to assemble and communicate a body of evidence that will resonate with Heads of State, Finance Ministers, and other key sector Ministries. The Coalition coordinates a global programme of research exploring the economic and social case for sustainable urban development. This global programme focuses on the most rapidly urbanising countries that are the focus of the Coalition’s country programme, and those that offer valuable lessons about realising the urban dividend. It includes a wide range of case studies – showing both what works and what doesn’t work – spanning countries from India to Uganda to Germany.
Our Finance workstream focuses on the fiscal and financial instruments available to central governments to raise, blend and steer finance for sustainable urban infrastructure. We are producing a Financial Maturity Framework that can be used adaptively by national policymakers and donors to navigate the key financing mechanisms with the most potential at their level of economic development and financial capabilities. It can also be used to chart activities and reforms so that countries and cities can enhance their financial maturity over time. A range of rapidly urbanising countries have already expressed demand for such a tool, which can diagnose pathways to mobilise greater volumes of sustainable urban finance.