Access to financing is one of the major barriers cities face in their sustainability efforts, as identified in new C40 research. Mayors and city officials from around the world are responding to this challenge by pursuing innovative, strategic private sector partnerships and pioneering business models to reach their goals. There are powerful strategies that cities have available to them to help access the large existing pool of private sector and market-based finance available for municipal infrastructure. Despite the challenges they face, many cities have charged ahead to finance projects in new ways. Here are four strategies cities shared at the C40 Mayors Summit, which took place in Mexico City last year, on how to access new sources of funding and finance.
C40 2nd Feb 2017 read more »