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Finance for City Leaders Handbook

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Cities are a driving force of the 21st century. Through bringing large numbers of people into close proximity, they spark economic growth, foster innovation, and generate prosperity. But they face the pressing challenges of creating a livable environment for their residents, enabling economic activity that benefits all citizens, and fostering urban development that is environmentally sustainable, equitable, and resilient to disruptive forces. Finance for City Leaders presents an up-to-date, comprehensive, and in-depth analysis of the challenges posed by rapid urbanization and the various financing tools municipalities have at their disposal. By providing city leaders with a wide array of financing solutions that emphasize sustainability, inclusion, and financial autonomy, this publication contributes to the growing conversation on how cities can look inward to finance major capital expenditures, infrastructure maintenance and operation, and public services.

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The cross-cutting issues of human rights, gender equality, and youth

Urbanization reflects transformations in national economies—most notably growing numbers of people moving away from working directly with natural resources and towards industry and services. Indeed, 70 to 80 per cent of economic activity is generated in cities. Thus, urbanization is associated with increasing prosperity and enjoyment of social, economic, cultural, civil, and political rights for men and women. In this sense, urbanization is also associated with the right to an adequate standard of living.

English

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