Sessions on the Transition
SOU-63|UN-HABITAT INVESTMENT ROUNDTABLE: UNLOCKING RESOURCES TO FINANCE SUSTAINABLE DEVELOPMENT
PRESENTATION OF THE SESSION
CITIES INVESTMENT FACILITY
The United Nations estimates that it will take US$4.5 trillion a year until 2030 to achieve the Sustainable Development Goals. Compared to the current investment levels: this leaves an annual investment gap in SDG-critical sectors of around $3.1 trillion. However, this amount represents only 1.1% of the assets under management in the global capital markets.
In this context, the underlying question is how to unlock these resources, with an emphasis on the current situation in Africa to foster resilient and sustainable urbanisation, through the implementation of development models in the region that are more energy-efficient, low-carbon, inclusive, and resilient.
This framework led to the establishment of the UN-Habitat Investment Roundtable. The objective is to create a space for the exchange of different experiences on how to overcome key challenges and solve bottlenecks to unlock investment to finance sustainable development, in the framework of the work of the UN-Habitat Cities Investment Facility in this domain.
To this end, the UN-Habitat Investment Roundtable brings together global experts and stakeholders to explore the key challenges in Africa to unlock investment to finance sustainable development. Following a discussion on this topic, the UN-Habitat Cities Investment Facility will be introduced, to present its experience supporting sustainable urban infrastructure projects to help bridge the infrastructure financing gap. Finally, a showcase session will be held to present to the audience the most outstanding projects of the UN-Habitat Cities Investment Facility portfolio, to demonstrate how it can help local project developers to incorporate sustainable strategies, to increase the alignment of projects with the Sustainable Development Goals, and to improve the feasibility and bankability of the projects for investment.
This event is expected to offer the UN-Habitat Cities Investment Facility access to many general audiences as possible to increase engagement and establish greater exposure, scaling up investor interest in the Facility and thereby enriching policy debates to enable greater investment in cities.
UN-Habitat; Global Future Cities Programme; Global Development Incubator (GDI); Reall; Government of Kisumu, Kenya.