Providing loans for urban development
Description
Providing loans for urban development involves allocating targeted financial resources to support the construction, improvement, and maintenance of urban infrastructure and services. This strategy aims to address challenges such as inadequate housing, poor transportation, and insufficient public amenities by enabling municipalities and developers to implement essential projects. By facilitating access to capital, it remedies funding gaps, stimulates economic growth, and improves living conditions in urban areas, fostering sustainable and inclusive urban environments.
Implementation
In thirty-three years of operations in Latin America and the Caribbean, the Inter-American Development Bank (IDB) has made 114 loans for US$2,700 million to finance urban development projects costing a total of $5,000 million. In 1993, $6.9 million was loaned to the Bolivian credit programme for urban development and sanitation).
Broader
Narrower
Facilitates
Facilitated by
Problem
Value
SDG
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Subject
Content quality
Yet to rate
Language
English
1A4N
J0036
DOCID
12000360
D7NID
193755
Editing link
Official link
Last update
Dec 3, 2024