Finance & Economic Development for Cities100
This solution addresses need for finance & economic development support in international for local communities
Problem Description
"The Finance & Economic Development sector demonstrates how self financing funding mechanisms and innovative public procurement are redefining the scope and scale of energy efficiency upgrades in cities and bolstering housing affordability. At the same time, these solutions demonstrate that environmental protection and climate change mitigation make good business sense for cities." Quote from: https://issuu.com/sustainia/docs/cities100_2016_final_smallBuilding Blocks
Story
"Cities100 is a mission shared by Sustainia, C40, and Realdania to find the 100 leading city solutions to climate change. To identify groundbreaking projects from around the world, C40 and Sustainia launched a public campaign for applications, which yielded 160 eligible project submissions. In order to find the projects with the largest potential to create low-carbon and resilient cities, the applications were vetted and assessed by city and climate change experts at C40 and Sustainia, who used a detailed scoring system based on five criteria:
- Climate action
- Co-benefits
- Innovation
- Governance
- Sharing and scaling"
Quote from: https://issuu.com/sustainia/docs/cities100_2016_final_small
Resources
Organisations Involved
Solution Stage
One of the 7 stages of an innovation. Learn more
| STAGE | SPECIALIST SKILLS REQUIRED | EXAMPLE ACTIVITIES | RISK LEVEL AND HANDLING | FINANCE REQUIRED | KINDS OF EVIDENCE GENERATED | GOAL |
|---|---|---|---|---|---|---|
| Developing and implementing5 | Strong leadership, management, implementation skills |
|
MEDIUM |
HIGH | A robust and detailed case developed through formal evaluation and evidence gathering – use of a control group to isolate impact | An implemented and sustainable innovation |