Paris 2014

03 July 2014 to 04 July 2014
New funding models for local governments: how to effectively mobilize resources?



REsolutions to fund cities is a four-year international program that invite, all urban actors to "REthink the economic solutions" in order to create a sustainable, efficient, and resilient local development.

Launched by a consortium of local authority networks, REsolutions aims at identifying, analyzing, spreading and implementing economic and financial strategies that improve the impact and performance of local sustainable development policies.

Rooted and structured at the regional level by a large variety of local actors, REsolutions seeks to provide local authorities with a wide range of tools  integrating the largest mix of resources to foster territories’ endogenous development.



Within the European Union, local authorities account for an average of 65% of public expenditures. As such, they are one of the main engines of national growths. They are therefore important partners, often directly impacted by the financialization of investments that undermined the real economy. Since the late 1970s the institutional, economic and social fabric’s transformations and adjustements to globalization through systemic crisis fragilized local governments. Their vulnerability increased at the same time that the traditional sources of financing were drying up and that pressures and requirements were dramatically increasing (urban renewal, growing inequality, ageing population, migration issues and the need to anticipate the social and ecological transition in consumption and production patterns).

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The REsolutions to Fund Cities program targets local collectivities and their partners in urban development matters: European institutions, international organisations, cities networks, development agencies, national policy makers, urban service providers and operators, civil society representatives, researchers, experts, etc...


Ile de France

Le Fonds Mondial pour le Développement des Villes (FMDV) est un réseau opérationnel de collectivités locales créé en 2010. Le travail du FMDV vise à renforcer la capacité financière des autorités locales à travers le partage de compétences et de connaissances, et en encourageant la coopération et la solidarité entre les villes. Plaçant l'économie locale au coeur des stratégies de développement local, le FMDV intervient à la fois en appui opérationnel sur l’ensemble du système de financement du projet (conception, organisation, ingénierie financière) et sur l'animation du dialogue entre les acteurs pour la promotion et la diffusion de solutions pour le renforcement des capacités des autorités locales en matière d’accès et de gestion des financements du développement urbain.

Basé à Paris, le FMDV dispose de bureaux régionaux à Rabat pour l’Afrique, à Mexico pour l’Amérique Latine et à Machhad pour le Moyen Orient et de bureaux nationaux au Brésil, aux Etats-Unis et en Turquie.


Metropolis, l'Association Mondiale des Grandes Métropoles est la principale organisation internationale de villes et de régions métropolitaines de plus d’un million d’habitants. Créée en 1985, l'association Metropolis rassemble plus de 100 membres du monde entier. Elle a pour ambition de constituer un forum international où les grandes villes puissent se concerter sur les problèmes qui leur sont communs. Metropolis est aussi la section métropolitaine de Cités et Gouvernements Locaux Unis (CGLU). Metropolis entend construire un réseau d’Initiatives réunissant les gouvernements métropolitains et leurs partenaires afin d’encourager la mise en œuvre partenariale de projets pour le développement urbain durable, envisagé à la fois sous ses dimensions environnementale, économique, sociale et culturelle.



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The financial crisis has diminished the European financial sector's ability to channel funds towards long term investments undertaken by European local authorities. Since 2008, systemic crises have also led a movement towards territorial re-organisation and several efforts to increase the efficiency of local public services. In this respect, various strategies, some of them controversial, have been implemented to rationalise resources despite the exponential pressures that European local authorities face (migration challenges, urban renovation, increased inequalities, ageing populations, social and ecological transitions…).  However, and notwithstanding a recent decrease, European local authorities are still responsible for over 65% of public investments in Europe. They are therefore one of the main driving forces of the European economy.

This situation represents an opportunity to rethink the European project on a political level, as well as on an economic and social level; the role played by local authorities in developing their territories and the way they cooperate between them; the dominant economic model and the current European consumption-centred lifestyle.


To face these challenges, new strategies are emerging in Europe in order to diversify the sources of funding for local authorities. For instance, the economic context (especially the decrease in public spending and the requirements to lower the carbon footprint) has made clear that the model of funding is evolving towards mobilising private capital and national, regional and international public financial institutions, as well as operating in the bond market.

Optimising resources and local assets through a revised cooperation between all level of local authorities (vertical cooperation) and within urban stakeholders (horizontal cooperation), and incorporating environment friendly management systems are nowadays on the agenda of local authorities and their partners, along with innovative alternative models to support local economy and finance.

In this regard and to meet the objectives of the REsolutions to fund cities programme, three research themes stand out and blend in together in Europe, in order to promote the various aspects of financing a resilient, inclusive and sustainable urban development: mobilising the "traditional" financial resources; optimising resource management; encouraging to explore alternative and endogenous funding solutions.


1/ Readjusting and putting renewed effort into "traditional" sources of funding in order to meet the local needs in different European contexts, diverse local circumstances and associated growing needs. Top-level institutional actors and urban representatives will assess loan strategies (solidarity based or socially and economically responsible bond issuance); fiscal consolidation; deploying new European financial engineering models; giving directions to regional policies; innovative or efficient Public Private Partnerships etc.

2/ Optimising and rethinking resource management and local investments

This section will be devoted to analysing equalisation systems, horizontal and vertical cooperation models, social and environmental management schemes such as the Eco-budget, cost-cutting initiatives (energy efficiency, waste recovery, etc.) or methods to avoid the costs of inaction, and smart technologies.

3/ Rethinking financial and economic innovations on a local scale:  on-going alternatives

For several years, territories have been the fertile soil for innovative, global and resilient initiatives. These initiatives allow local authorities to re-examine the question of wealth, explore various governance models (Community Land Trusts), local democracy systems (participatory budgeting) or even active solidarity and economic exchange schemes (complementary local currencies, support to social and solidarity based economy, local finance). Whenever they help to indirectly fund local authorities, these strategies also contribute to strengthening territorial autonomy and resilience.


In a nutshell:

  • How did the financial and institutional European partners adapt to a context of European systemic crisis in order to meet territorial needs ?
  • What type of partnerships, initiatives and local funding schemes are local authorities opting for and relying on nowadays ?
  • Which strategies and financing tools should be implemented or adapted in order to promote dynamic territories, funding key sectorial policies, a solidarity-based equlisation system between territories ?
  • How whould these systems be integrated in horizontal and vertical cooperation policies ?
  • Which conditions need to be gathered in order to transfer and replicate successful experiments ? According to what terms of engagement for urban actors ?

Event inscription

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Paris 2014
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03 july 2014
04 july 2014
Lunches are provided to all participants. Please confirm your attendance to the lunches by ticking the boxes.
Secretary General of Metropolis, Executive Director of FMDV
General Director of the Athens Development Management Agency
Mayor of Cornellà de Llobregat, First President, Barcelona Metropolitan Area
Île-de-France Regional director, Caisse des Dépôts et Consignations France
Deputy Mayor of Strasbourg, Professor at Strasbourg University, Director of GRASCO (Research Group Actions on Organized Crime)
Directorate general for Regional and Urban Policy, European Commission
President of territorial networks for social economy (RTES), Councillor of Lille Metropole, France
Deputy Head of division, Public Governance and Territorial Development, OECD
President of WEHOME association, Turin
Adviser, member of cabinet of the European Commissioner for Regional Policy
Vice-President of the Île-de-France Region, in charge of housing, land affairs and urban renewal
Mayor of Rabat, Morocco, President of the Local Finance and Development Commission of UCLG
ART Initiative, PNUD
Secretary General of the Council of European Municipalities and Regions (CEMR)
Councillor of Johannesburg Mayoral Committee for Finance, Vice-President of FMDV
Director of Economic Policies, The European Association of Craft, Small, and Medium-sized Enterprises
Member of the FMDV Board of Directors, Former Minister of Finance and Economic Planning of Algeria, President of the International Association of Technicians, Expert and researcher on Development Issues (AITEC)
Coordinator, Urban Economy, UN HABITAT
Deputy Mayor of Helsinki, former President of METREX network
Mayor of Santander, President of the Federación Española de Municipios y Provincias (FEMP), Vice-president of the Council of European Municipalities and Regions (CEMR)
Senior Analyst, Department of Public Governance and Territorial Development, OECD
Île-de-France Region Councillor, member of the Commitee of the European and International affairs, Île-de-France Region
Director, Finance and economic development initiative, C40
President of Energies POSIT’IF, France
Deputy Director, Global Fund for Cities Development (FMDV)
Former Minister of finance and external relations of Brussels Capital Region, Vice-president of Brussel’s investment enterprise, Treasurer of Metropolis
Financial Engineering Manager, Service des programmes européens, Grand Londres
Director of relations with local authorities, Agence France Locale
Deputy general director, Finance, audit and business control unit, Île-de-France Region
Director General of the European Association for Public Banks
Senator, former Minister Responsible for Housing and président of the National Federation of Low-Income Housing Cooperatives
Director, Projects, Environment and regional development direction, European Investment Bank
Advocacy officer on tax haven CCFD-Terre Solidaire
Deputy Mayor of Warsaw, responsible for economic affairs, Eurocities network
Vice-president of the Île-de-France Region, in charge of human resources, administration and public procurement, President of FMDV
Head of the Coordinating Unit of the Local Finance and Development Committee/UCLG
Financial director, Marrakech - Morocco, President of the African Network for Chief Financial Officers of Cities “Africa Finet”
Mayor of Sceaux - France, Vice-President of ‘Paris-Metropole’, Local finance Expert
Île-de-France Regional Councillor, Chair of the Regional Development Agency, member of the Finance Commission
Project Officer for FEDER-FSE, Direction of European financing International and European affairs Unit, Île-de-France Region
Director of the National CLT Network UK
Secretary of industry and economy, Rosario - Argentina, Delegate of the South-American Network of local finance experts
Practical information

For any concerns about hotel bookings or tansfers from/to the airport, you can contact :

33 bd de la Tour Maubourg
75007 PARIS
Tél. 01 47 53 94 94 – Fax. 01 77 74 65 15

(Mon- Fri, 9.30 am to 6.30 pm)
Convening Partners: 

The Global Fund for Cities Development is an operational network of local authorities created in 2010. FMDV work aims to strengthen the financial capacity of local authorities through the sharing of skills and knowledge, and to promote cooperation and solidarity between cities.


The Ile-de-France Region includes 8 departments, on which it has various prerogatives such as planning and transport, training and employment, economic development, research and environmental issues. It is also the guarantor of the "preservation of the identity of the territory, in accordance with the integrity, autonomy and responsibilities of departments and communes" (4221.1 art.L TCC). Therefore, it has gradually become a major player in the promotion and implementation of local initiatives within its territory.


The Council of European Municipalities and Regions (CEMR) is the oldest and broadest European association of local and regional government. Created in 1951, it brings together the national associations of local and regional authorities from 40 European countries and promotes debate and cooperation between local authorities in Europe, as well as their representation at the European level. CEMR is also the European section of the world organisation United Cities and Local Governments (UCLG), through which it represents European local and regional government on the international stage.


Metropolis, World Association of the Major Metropolises, is the leading international organization that gathers cities and metropolitan regions with more than a million inhabitants. Created in 1985, the Metropolis Association is represented by more than 130 members from across the world and operates as an international forum for exploring issues and concerns common to all big cities and metropolitan regions.

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