Why and how to set up Urban Development Funds?

Recording and presentations from the Covenant of Mayors webinar ‘Why and how to set up Urban Development Funds?’ that took place on 21 June 2016 are available on-line. 

The webinar explains how Urban Development Funds can help cities:

  • Make more efficient use of (scarce) public sector resources, especially for revenue generating or cost saving projects.
  • Generate good leverage potential, also through recycling of funds.
  • Bring financial discipline into the project identification/selection process.
  • Can be combined with technical support and/or capital grants to overcome market barriers.

The webinar particularly focused on the example of the London Green Fund, which is a GBP 110 million holding fund managed by the European Investment Bank (EIB).