If the New Urban Agenda is to be a success, it is of vital importance that cities form partnerships and learn from each other. Such activities are already under way: in this article, URBANET presents an example of municipal knowledge sharing between cities in the Maghreb region and cities in Germany.
According to Franziska Schreiber and Kaj Fischer from the think tank adelphi, innovative participation processes make cities more livable. URBANET talked to both urbanisation experts about how municipalities and residents can work together to shape their city.
By doubling their revenues through property taxation, nine Eastern Serbian municipalities are now able to finance projects vital to their communities.
“Those innovative instruments are now recognised as effective instruments to finance urban development”
Subnational Pooled Financing Mechanisms (SPFMs) are expected to play an increasingly strategic role in financing sustainable development. Jean-François Habeau, Executive Director of the international cities network FMDV, talks about the benefits and specific challenges of Subnational Pooled Financing Mechanisms for developing countries.
The projects that are financed in an urban environment depend on a variety of factors. With the portfolio approach cities can determine which projects benefit them most in terms of profits and social benefits and can choose them accordingly.