One of the challenges that municipalities face in the least developed countries is their ability to access capital...
Jaffer Machano, Global Programme Manager for UNCDF's Municipal Investment Finance Programme, "The solutions to unlock the municipal finance solution" Capital Musings
Advance the local implementation of the SDGs, with emphasis on SDG11—“make cities and human settlements inclusive, safe, resilient and sustainable” and SDG13—“take urgent action to combat climate change and its impacts;”
Meet financial return targets to ensure the long-term success of projects;
Meet a standard related to resilience and sustain ability to ensure positive impacts for local communities inline with the implementation of the Paris Agreement; and
Develop municipal capital market access to cities in developing countries.
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