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The objective of the project is
to develop strategies, instruments, capacity and measurements for resilient and
green urban development and for mobilising international and domestic financial
resources to financing resilient and sustainable urban development. More
specifically:
(1)
Develop instruments and measurements for resilient and
green urban development, and its financing and forthe development of the
resilient financial system;
(2)
Identify cities and investigate the financing needs for
resilient urban development including housing and basic infrastructure (access
to clean drinking water, sanitation, electricity and health services) of lower
and lower-middle income groups. Based on these estimates assess the magnitude
of investment needed towards a low-carbon and climate resilient development;
Review financial instruments and
their features for resilient urban development including housing and
corresponding infrastructure, particularly in developing countries;
(3)
Assess the impacts of financial instruments on a
financial system level, particularly on the sustainability and resilience of
the financial system;
(4)
Describe new financial instruments and sources of
funding and examine greater private sector participation in the financing and
delivery of green and climate resilient housing and corresponding
infrastructure projects. The project will translate the investment needs into
measures that could be implemented in collaboration with other financial
institutions and agencies to advance the financing business horizons and to tap
into future opportunities and leverage global influence. Special focus of the
project will be given to financing instruments for resilient urban development
including housing and basic infrastructure benefiting lower and lower-middle
income population and enabling low-carbon and climate resilient development;
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