C40 cities commonly site infrastructure planning, financing, and implementation among the most pressing issues they face. In addition to shaping how citizens live, work, and play, infrastructure decisions also influence cities’ resource use, climate impact, and long-term sustainability. As cities strive to build infrastructure that will enable them to compete in the 21st century economy, environmental sustainability and climate risks have become critical factors of their investment decisions. The Network facilitates peer-to-peer information exchange highlighting a range of city approaches to sustainable infrastructure financing, including:
- Sustainable infrastructure principles and decision-making frameworks
- Access to global infrastructure finance experts and service providers
- Training and capacity building, development of tools, and joint research on sustainable infrastructure finance
- Bilateral or multicity collaboration on specific projects, programmes or policies
- Matching city projects with private sector investment.
The Sustainable Infrastructure Finance Network is chaired by Boston and co-chaired by Basel.
"The C40 Sustainable Infrastructure Finance Network is a critical link between the City Energy Project in Boston and global cities and thought leaders that can help us build the on-ramps for private investors we need, creating the projects that will attract investment. The Network provides us an understanding of how other cities are using the tools of finance to improve the quality of sustainable infrastructure and energy efficiency projects from the investor standpoint. From London to Sydney, I have been introduced to city leaders and experts who are thinking about financing energy efficiency in new ways. I cannot imagine achieving the impact we envision without access to this valuable C40 Network."Milton Bevington, City of Boston