WUF13 discussing ways to attract long-term funding for urban infrastructure

A panel discussion entitled "Bankable Municipalities, Livable Cities. How can cities unlock long‑term finance at scale?" has opened at the 13th session of the World Urban Forum (WUF13), Report informs.

The session focused on the reforms and prerequisites required to enhance municipal investment attractiveness and attract private capital to finance sustainable urban infrastructure.

The main objectives of the discussion were to analyze the key barriers limiting municipalities' access to financial resources, consider specific policy and institutional mechanisms for overcoming these barriers, identify reforms that strengthen municipal creditworthiness and improve the operating environment, and discuss opportunities for mobilizing private and repayable financing for urban infrastructure.

Over 40,000 people from 182 countries have registered to participate in the forum, which runs until May 22.