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Finance for City Leaders Handbook

image of Finance for City Leaders Handbook

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 role of real estate development in urbanizing cities

The world is more than halfway through a 200-year cycle of population growth and urbanization, at the end of which close to 85 per cent of humanity is projected to live in cities. Leaders, planners, and policymakers in cities and urban regions are increasingly recognizing the accelerated pace of urban change, and in particular the challenge of spiralling demand coupled with supply-side constraints. City leaders must cope with unprecedented enthusiasm for urban living and urban jobs, but with limited fiscal tools, institutional frameworks, and political will.

English

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