Banking on Cities: Investing in Resilient and Low-Carbon Urbanization
Banking on Cities advances the discussion on urban climate finance by exploring how cities can identify sources of funding and finance that are suited to different types of resilient and low-carbon urban investments. Just as climate investments are not a separate category of investments, climate finance is not necessarily a separate category of finance. While climate-specific sources, including carbon markets, green bonds, and others, are part of the picture, making these investments will require cities to address their financial fundamentals, including revenues, transfers, creditworthiness, and fiscal efficiency.
This report will be a helpful guide for cities and national governments as they develop their urban investment strategies.
Banking on Cities: Investing in Resilient and Low-Carbon Urbanization. Urban Development Series