18 December 2024
Pioneering financial schemes: a multistakeholder approach for urban development
European cities stand at a critical juncture, confronting escalating socioeconomic and environmental challenges while grappling with a significant finance gap to address these issues. Traditional funding mechanisms, compounded by constrained public funding and limited private sector participation, are often not sufficient for cities to meet the scale of investment needed. In response, cities are turning to new and innovative financial schemes as a solution.