Cities in Latin America and the Caribbean (LAC) play a key role in providing services to their inhabitants. They are the administrative level closest to the needs of citizens, offering crucial services such as electricity, water, transportation, waste management and public infrastructure. In some countries in the region, they also manage education, health and security. In … [Read more...] about The role of municipal funds for sustainable urban development
Urban Development and Housing
How to finance urban development megaprojects?
As Latin American and Caribbean (LAC) cities grow, so do their needs for adequate and sustainable infrastructure. Whether building a new mega-project, or regenerating a run-down urban area, as in the cases of Bilbao and Washington DC, the region's cities need financing to meet the costs of such works. Consequently, the mayors of the cities of LAC face a big budgetary … [Read more...] about How to finance urban development megaprojects?
Bilbao Ria 2000: urban regeneration through local self-financing strategies
Everyone who visits Bilbao for the first time, comes to see, even to take a quick picture, one of the most unique buildings in Europe: the Guggenheim Museum. Its avant-garde ship-shaped design recalls what this area of the city once was: the hub of port, mining, and industrial activity in Biscay, one of the most prosperous provinces in northern Spain. If the beginning of the … [Read more...] about Bilbao Ria 2000: urban regeneration through local self-financing strategies
Keys for a successful public-private partnership: the case of Washington, D.C.
Most cities need financing to carry out their urban development projects and programs. Having adequate financial resources is not always easy. For this reason, from the Housing and Urban Development Division of the Inter-American Development Bank (IDB) we thrive to facilitate the access to, and knowledge of, the most innovative financing strategies and instruments to cities of … [Read more...] about Keys for a successful public-private partnership: the case of Washington, D.C.
Financing Green Cities in Latin America and The Caribbean
The world, and Latin America and the Caribbean (LAC) in particular, is already living the devastating physical, ecological and socio-economic consequences of climate change. High concentrations of people and economic activity make cities in our region vulnerable to climate-related shocks, This means that our cities are called to be critical players in the region’s … [Read more...] about Financing Green Cities in Latin America and The Caribbean