City resilience bonds: an idea whose time has come?: free webinar, June 29

A useful learning and networking opportunity for anyone interested in finance: The City resilience bonds: an idea whose time has come? free webinar on June 29.

For the first time in the history of the world, more people live in towns and cities than in rural areas. Urban areas ‘concentrate’ climate risk due to their location, demographics and governance contexts.

At the same time, international climate finance has largely overlooked the needs of cities – leading to the need for new and innovative mechanisms for generating finance to enhance urban resilience. This is where city resilience bonds can make a difference.

Through these bonds, a city government or agency can raise money from capital debt markets for investment in building resilience. However, questions remain on their viability, impact and the capacities that cities need to employ these to overcome their massive deficits in adaptation finance.

Join us as this event explores:

  • What are the precedents and past experiences with structuring and issuing city bonds for sustainable development?
  • What is the potential and pitfalls of city resilience bonds as a mechanism to help city governments in the global South access finance for reducing climate disaster risk?
  • What partners and programmes of work are needed to explore the potential of this instrument for building resilience?

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