City Creditworthiness Partnership

General

Name of initiative City Creditworthiness Partnership
LPAA initiative No
NAZCA Initiative No
Website address http://www.worldbank.org/en/topic/urbandevelopment/brief/city-creditworthiness-initiative
Related initiatives
Starting year 2014
End year
Secretariat The World Bank
Organisational structure
Geographical coverage Global
Name of lead organisation
Type of lead organisation Financial institution
Location/Nationality of lead organisation United States of America

Description

Description Helping local and municipal governments access financing has become an integral part of the World Bank’s sustainable urban development strategy. To that end, the Bank has developed the City Creditworthiness Initiative to provide local authorities with comprehensive, hands-on, and long-term support. Last updated May 2015.
Objectives To help 300 cities strengthen their creditworthiness and attract investors.
Activities
One or two success stories achieved

Monitoring and Impacts

Function of initiative Funding, Implementation
Activity of initiative Fundraising, Goal setting (ex-ante)
Indicators
Goal setting (ex-ante) — Stakeholders who have committed to the goals
Year2020
Value (#)300
Goals
Comments on indicators and goals The Initiative has set the ambitious goal of assisting 300 cities in 60 low- and middle-income countries on the path to green growth and creditworthiness. So far, over 650 senior financial and urban planning officers have participated in City Creditworthiness Academies, representing a total of 261 local authorities across 30 different countries.
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 10  
Companies 0
Business organisations 1 Findeter (Colombia).
Research and educational organisations 1 Municipal Institute of Learning - MILE (Zambia).
Non-governmental organisations 5 Bloomberg Philanthropies (USA),  World Bank (USA),  The Korean Green Growth Partnership (South Korea),  The Rockefeller Foundation (USA),  Korean Development Institute (South Korea).
National states 0
Governmental actors 0
Regional / state / county actors 1 C40 Network (United Kingdom)
City / municipal actors 0
Intergovernmental organisations 1 UN-Habitat (Kenya)
Financial Institutions 1 The Private Public Infrastructure Advisory Facility (USA)
Other members 0
Supporting partners 0
Number of members in the years
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No No No No No No No Yes No No No No No No No No No No No No Yes
Last update: 29 October 2019 10:47:10

Not only have national states as participators