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Title Empowering Cities to Mobilize Domestic Capital: Enabling Framework and City Level Actions Day / Time Friday, June 23rd / 08:30 - 10:30 Room MR13 Event Description Strengthening the link between domestic capital and city infrastructure needs - what can be done? This session focuses on opportunities for action by way of partnerships between cities, national governments and their development partners. From the cities' standpoint, identifying a set of agreed internal actions and demonstrating a clear revenue stream would provide greater voice when negotiating with higher levels of governments for greater devolution of power to match increased responsibilities. At the same time, national level policy actions are necessary to enable a new market for private capital to finance public infrastructure. Bringing together representatives from national governments, cities, lenders and development partners, this session aims at a better understanding of access to finance. Session Language English Speakers (information as provided by host organization) Prof. Gyan-Bouffour, Deputy Minister of Finance, Ghana Mr. J. Ngobeni, CFO, City of Johannesburg, South Africa Ms. S. Malathi, Commissioner Economics, Tamilnadu, India   Contact Need more information about this event? Please fill the contact form Related Documents (in English and / or French) Host Organization Cities Alliance Host Organization Description The Cities Alliance is a global coalition of cities and their development partners committed to scaling up successful approaches to poverty reduction. The Alliance provides matching grants in support of: (a) City development strategies (CDS) which link the process by which local stakeholders define their vision for their city and its economic growth, environmental and poverty reduction objectives, with clear priorities for actions and investments; (b) Citywide and nationwide slum upgrading in accordance with the Alliance’s Cities Without Slums action plan, including promoting secure tenure, access to shelter finance and policies to help cities prevent the growth of new slums; and (c) Sustainable financing strategies for cities to attract the long-term capital investments needed for infrastructure, including improving accountability and demonstrating stable revenue streams to more effectively leverage domestic capital. Cities Alliance members are: Local authorities, represented by United Cities and Local Governments, Metropolis, Brazil, Canada, France, Germany, Italy, Japan, Netherlands, Nigeria, Norway, South Africa, Sweden, United Kingdom, United States of America, the Asian Development Bank, UNEP, UN-HABITAT and the World Bank. Website (Organizer and partners) www.citiesalliance.org www.acdi-cida.gc.ca www.fcm.ca www.sci.ic.gc.ca odin.dep.no/ud/engelsk

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