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| Private Sector Urged to Invest in Slums |
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Barcelona, 17 Sept 04
Dennis Shea, the Assistant Secretary of the U.S. Department of Housing and Urban Development, yesterday stressed the need to harness private sector resources to meet the needs of the urban poor. He added that while national and local governments were willing to put in equity in the form of land for slum upgrading, commercial capital was still not easily available.Shea was speaking to participants attending a dialogue on Urban Resources, which is being held as part of the Second World Urban in Barcelona . Panellists, including representatives of national and local governments, community-based organizations and financial institutions, gave examples of capital mobilization from the private sector to meet the needs of slum dwellers. In Johannesburg , South Africa , for instance, municipal bonds are being issued to fund basic services in slums.
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| UN-HABITAT and UCLG Sign Historic Agreement |
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Barcelona, 17 Sept 04
In a fitting conclusion to the Second World Urban Forum in Barcelona, United Cities and Local Governments (UCLG) leaders and UN-HABITAT’s Executive Director, Anna Tibaijuka, today signed a historic agreement that will elevate the working relationship between the United Nations system and local governments around the world to a new level. The agreement is aimed essentially at localizing the Millennium Development Goals to which world leaders committed themselves in the year 2000.
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| Sustainable Urbanisation |
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Barcelona, 15 Sept 04
Mr. Bola Ahmed Tinubu, Governor of Lagos, West Africa’s biggest city, opened Wednesday’s dialogue on sustainable urbanization at the World Urban Forum with a call on national governments to commit more resources to cities so that they can cope with the challenges of globalisation.
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