With the sectors for development and finance closely intertwined, a municipality's financing mechanism of choice significantly influences its development path. Khady Sarr, Programme Director of the Dakar Municipal Finance Programme, outlines several models and explains the advantages of bond loans – for municipalities and investors alike.
Many people around the globe struggle with finance management and debt. Michael Ochieng Nyawino describes why it is important to teach everyone financial literacy skills to tackle the problem.
Savings and Credit Cooperative Organisations play a key role for housing security in Kenya. Davina Wood explains how they work and discusses benefits and current challenges.
Revenue from building rights, or land value capture, plays an important role for municipal finance. Martim O. Smolka and Camila Maleronka report on the specific challenges and achievements in the city of São Paulo.
Urban land offers governments in developing countries a vital opportunity for self-financing development. While authorities often see these taxes as administratively burdensome and politically impossible, this doesn’t have to be the case.