Financing the Future of Our Cities, Collaborative Approaches for Inclusive and Sustainable Outcomes

This networking event will reflect on successful practices in linking urban planning to finance, which unlocks resources and opportunities for cities and enables them to address local challenges and accelerate progress towards achieving the SDGs.

Herman Jean Pienaar

Facilitator

November 6, 2024 | 15:00 - 16:30

Multipurpose room 22

BASE Foundation

Switzerland

English

Reference:

NE 22-05

WUF12

Networking Events

Summary

Localizing finance is key to accelerating sustainable urban development by empowering communities and enabling high-impact solutions.

The event aims to foster dialogue and knowledge-sharing strategies to mobilise resources and to promote and leverage development partnerships which are financially viable and responsive to local needs.

The event will also emphasize the importance of actions grounded in consensus that reflect the collective vision and needs of the communities involved, and the importance of coalition building and co-creation for effective and impactful financing models. It will bring together the voices of communities, governments, urban development experts and practitioners from Multilateral Development Banks (MDBs) and international actors, along with private sector to exchange their key learnings, innovations and best practices for harnessing the potential of financing opportunities for community projects and interventions at the city and neighbourhood scale.

It will explore how can global development actors and banks enhance their collaboration with local governments and community stakeholders to ensure that financial investments in urban development initiatives are aligned with the diverse needs and priorities of local communities.

Objectives

The objective of the event is to discuss the intersection between urban planning and finance and showcase integrated planning approaches which sustainably connect short-term humanitarian responses with longer-term interventions and enable more inclusive neighbourhoods and cities' development, enhancing socioeconomic opportunities for all.

It will bring together governments, donors/financiers, and technical experts to explore the linkages between urban interventions and financing opportunities.

Key Guiding Questions

· What cross-sector partnerships are essential to bridging the gap between planning and finance?

· How can urban planning integrate short-term responses with long-term development?

· What successful local finance strategies can be replicated in different urban contexts