Financing strategies to strengthen urban economic resilience for inclusive responses to and recovery from crises

In its upcoming World Urban Forum event, the City Diplomacy Lab will collaborate with the five UN Regional Economic Commissions (UNECE, UNECLAC, UNECA, UNESCWA, and UNESCAP) to enhance awareness and understanding of financial resources and smart instruments available to municipalities and local authorities across the world to build urban resilience. These resources encompass digital innovation and financing strategies that can strengthen local economic resilience in cities around the world, especially in the face of internal and external stresses and crises.

The session will open with a panel discussion involving global-level experts and practitioners in the field of sustainable urban development, innovation, and finance. The panel will be followed by brief presentations from five cities, one from each UN region, on their current resilience ambitions.

Panel members will comment on the cases, providing insights, suggestions, and recommendations for moving forward with designing bankable urban resilience projects.

This hybrid networking event is being organized within the framework of the United Nations Global Development Account (UNDA) project entitled Supporting Member States in Urban Economic Resilience, whose goal is to strengthen the capacity of cities to mitigate, recover, adapt, and transform toward sustainability in the face of a wide array of shocks and stresses.