Co-organized with: United Capital Development Fund, United Nations Development Programme, UN-Habitat, United Cities and Local Governments, Global Fund for the development of cities, Italian Association for the Council of European Municipalities and Regions.
The achievement of Agenda 2030 at local level will require significant efforts to improve the mechanisms for local finance and local development. Local and regional governments are the institutions who are closest to citizens, and they are key in delivering many of the SDGs at local level.
This side event wants to bring to the HLPF a reflection that several partners and UN agencies have started over the last years regarding the analysis of needs to finance the local implementation of the SDGs as well as the opportunities generated by new instruments such enhancing local revenue and local taxation, aligning local budgets to the SDGs, improving central to local transfers, promoting effectiveness in local finances and changing the financial ecosystem so local governments and their local stakeholders can fully engage in the implementation of Agenda 2030 at local level and for all.
The side event brings the contribution of the work of the Malaga Coalition for municipal finances and the Venice City Solutions 2030 event that took place in Venice (Italy) in November 2018. The Venice City Solutions is an annual event who wants to explore different themes regarding the local implementation of Agenda 2030. During its first edition, the event focused on how to finance the SDGs at local level. More than 100 participants from 30 different countries gathered in Venice to exchange opportunities and challenges. The full recommendations from the event are available for consultation at:
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