Accelerating private-sector innovation for sustainable urban development
Cities are changing at an unprecedented rate: 75 percent of the infrastructure expected to be in place by 2050 has yet to be built. Meanwhile, major adjustments are needed to reach global climate and development goals. Now is the chance to invest for the long term and seize the estimated $26 trillion opportunity in low-carbon growth.
TheCityFix Labs are an effort from WRI Ross Center under the Financing Sustainable Cities Initiative (FSCI) to bridge the gap from idea to implementation and help cities understand what’s possible.
Through a series of regional workshops, the Labs are cultivating innovative, private-sector solutions to urban development challenges. After applying to be a part of the Lab, a select cohort of entrepreneurs and businesses will be guided by WRI experts to nurture their ideas and evolve their business models to better suit municipal decision-making and markets.
Over several months, Lab participants engage with different stakeholders in the sustainability ecosystem through hands-on workshops and training sessions. They hear from government decision-makers, investors, technical experts and consumers. Participants are encouraged to adjust their ideas based on this feedback to improve their chances to make it to market. Finally, they present directly to municipal leaders.
TheCityFix Labs build off of the FSCI’s work around the world supporting the market transition to sustainable investments by combining knowledge-sharing, capacity-building and direct technical assistance to help cities better define and initiate fundable projects. The FSCI is funded by the Citi Foundation and is a partnership between WRI Ross Center for Sustainable Cities and C40 Cities Climate Leadership Group.
More on TheCityFix Labs Mexico is forthcoming.
As part of: