The United Nations Capital Development Fund is a Centre of Excellence and Innovative Fund for Local Government Finance and Local Economic Development Finance. UNCDF and United Cities and Local Governments have joined in a coalition for a global financial ecosystem that works for cities and local governments.

The climate emergency is real. The scale of the plastics problem is only just starting to be understood. Inequality and migration are increasing. Urbanization is unstoppable. The world’s response to these development challenges is Agenda 2030 and the 2015 Paris Agreement.

But the development finance architecture is missing something. Local Governments are indispensable agents in solving these problems. Whilst national governments, civil society, and the private sector can achieve a lot, without a revolution in local government finance it will be impossible to build a sustainable liveable world. Our mission is to build the bridge to that future by leading the redesign of local government finance as an accelerator of global development. Capital LoCAST will be talking local, globally.

In the first season of Capital LoCAST, experts and thought leaders will set out the economic analysis and the policy agenda for a financial ecosystem that works for cities and local governments.