New GDI Initiative for Sustainable Urban Development Announced at UN Habitat Assembly
July 26, 2019 Global Development Incubator
The world’s urban population is increasing — most rapidly in low and middle income countries. In order to meet Sustainable Development Goal 11 — to make cities more sustainable, resilient, inclusive and safe — governments will need to develop more urban infrastructure, and they’ll need collaborative action from government leaders, urban planners, and private investors to do so.
That’s where the Capital Advisory Platform (CAP) comes in. This new GDI initiative jointly implemented with UN Habitat aims to connect investors with sustainable and bankable urban development projects. If successful, this platform will generate a pipeline of investable deals while building capacity across governments and multilateral.