Financing urban resiliency and low emission development in Asia [Summary Report]

14 APRIL 2019

This peer-to-peer workshop at the Resilient Cities Asia Pacific (RCAP2019) of the Global Platform for Sustainable Cities (GPSC) brings together representatives of some GPSC cities in Asia (Vijayawada, Jaipur, Mysore, and Melaka, including Alor Gajah Municipality and Hang Tuah Jaya Municipality) and other leading cities in India tackling climate change and implementing sustainable energy, with experts on finance. The aim is to present and explore relevant developments on accessing finance, and share experiences and lessons learned. It brings together city representatives and financial experts to share experience on how to access climate finance. What works? What is needed? How can we ease the process? 
 
The main outcomes are: i) Enhanced understanding on how to catalyse local government action, enhancing capacity to select the appropriate finance mechanism and model for local projects; ii) Improved understanding of different types of financing, as an overview to mobilize resources; iii) Exploring how to pitch a project to finance institutions; and iv) Accessing information and knowledge on good practices and lessons learned in accessing finance.
 
Please click on the links below to download the presentations. 
 
Peer Exchange on Finance and Investable Climate Action – Program
Session A: Discussion on finance and climate action planning
14:30 - 16:00
Setting the scene – financing developments relevant to cities and local governments Maryke van Staden, Director of ICLEI’s carbon Center, ICLEI World Secretariat, Germany
Finance and inestable climate action planning Dr. Virinder Sharma, Senior Urban Development Specialist, Sector Advisory Service Division, Asian Development Bank (ADB)
Crowd-financing of sustainable urban development projects and solutions Rohit Sen, Strategic Cooperation and Business Development Manager at Bettervest GmbH, Germany
Example of accessing finance - a city perspective Ms. Ulka Kalaskar, Chief Accounts Officer, Pune Municipal Corporation
 
 
Session B:
Peer exchange on access to funds and responding to challenges
 
16:30 - 18:00
Presenting city-level experiences on accessing finance, using examples of bankable projects including main challenges and lessons learned
  • Melaka-Malaysia Mr. Chandru Suparmaniam, CEO, Melaka Green Technology Corporation
  • Hang Tung Jaya, Melaka - Malaysia Mr. Muhammad Shahrul Hafidz bin Ab. Rahim, Mayor Hang Tuah Jaya Municipal Corporation
  • Vijayawada - India Mr.  Koneru Sreedhar, Mayor, Vijayawada Municipal Corporation; and Mr. Chandrasekhar, Additional Commissioner, Vijayawada Municipal Corporation
  • Jaipur - India Mr. Rajiv Garg, Chief Engineer, Jaipur Municipal Corporation
  • Mysore - India Mr Ranjith Kumar A S, Assistant Executive Engineer, Urban Development Department, Government of Karnataka

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