Policy Dialogue - Financing the New Urban Agenda

[UCLG Committee on Local Finance for Development]
 
Achieving the SDGs means that a huge effort must be made in terms of improving infrastructures and public amenities. According to previous studies, the amount of funding dedicated to investments should be, on average, doubled or even tripled over the next 15 to 20 years. With the general process of decentralization, local governments are currently on the front line when it comes to meeting the needs of the population, supporting economic growth, and implementing the necessary mitigation and adaptation strategies to face climate change.
The UCLG World Congress in Bogotá will unveil the first edition of a study on the state of local finances in 100 countries around the world realized jointly with UCLG and OECD, with financial support from AFD. It will be a first step towards the Global Observatory on Local Finances which will be will be an essential tool ​for the follow-up of local government.