RIYADH, Saoedi-Arabië – (BUSINESS WIRE) – The Urban 20 (U20), een G20 Engagement Group, heeft vandaag aangekondigd dat het werkt aan de oprichting van een Global Urban Resilience Fund, het eerste fonds in zijn soort dat door steden is ontwikkeld voor steden.

Over de aankondiging gesproken U20-voorzitter, H.E. Fahd Al-Rasheed, voorzitter van de Royal Commission for Riyadh City, merkte op; “We hebben nu de mogelijkheid om te leren van de impact van COVID-19, om te onderzoeken hoe we steden kunnen bouwen die veerkrachtiger en wendbaarder zijn. De steden van de U20 hebben het voortouw genomen om een fonds voor stadsactie te ontwikkelen om de pandemie te bestrijden en toekomstige stedelijke schokken op te vangen. Het doel van het fonds is om de overdracht van nieuwe kennis en ideeën voor een veiligere toekomst voor alle stadsbewoners te versnellen. ”

Het fonds is een reactie op de bevindingen van de U20 Special Working Group (SWG) over COVID-19, die is opgezet door de U20-voorzittersstad Riyadh, samen met de covoorzitters van de steden Rome en Buenos Aires.

On the Occasion of UN World Cities Day, Urban 20 (U20) Engagement Group of the G20, Announces the Creation of a “Global Urban Resilience Fund” in Response to COVID-19

RIYADH, Saudi Arabia–(BUSINESS WIRE)– The Urban 20 (U20), a G20 Engagement Group, today announced that it is working to create a Global Urban Resilience Fund, the first fund of its type developed by cities, for cities.

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U20 Chair H.E. Fahd Al-Rasheed at the U20 Mayors Summit (Photo: AETOSWire)

Speaking about the announcement U20 Chair, H.E. Fahd Al-Rasheed, President of the Royal Commission for Riyadh City, noted; “We have the opportunity right now to learn from the impact of COVID-19, to study how to build cities which are more resilient and agile. The cities of the U20 have taken the lead to develop a fund for city action to combat the pandemic and mitigate future urban shocks. The goal of the fund is to accelerate the transmission of new learning and ideas for a more secure future for all urban residents.”

The Fund comes as a response to the findings of the U20 Special Working Group (SWG) on COVID-19, which was set up by the U20 Chair city, Riyadh, together with co-chair cities Rome and Buenos Aires.

Mayor of Rome Virginia Raggi commented, “The challenge of our times is the fight against the pandemic. A struggle that is not only a challenge to restore the best health conditions; but, more, it is remedying the economic consequences of the pandemic. Cities cannot tackle this alone: solid support from states is needed, but, at the same time, it is necessary to pool resources and create new tools. The Global Urban Resilient Fund represents an intelligent way to meet these needs, and the commitment of the next Italian U20 Presidency will be to carry this forward and make it concrete.”

The Special Working Group brought together a further ten member cities; Amsterdam, Helsinki, Houston, Izmir, Los Angeles, Madrid, Mexico City, Rio De Janeiro, Sao Paulo and Tshwane, along with seven Knowledge Partners; University of Pennsylvania, Coalition for Urban Transition, the Chicago Council on Global Affairs, OECD, International Finance Corporation (World Bank Group), Agence Française de Développement and Université Gustave Eiffel.

The U20 is currently working to define the details and modalities of the Fund which will be announced by the end of the year.

For further information, please see www.urban20riyadh.org/knowledge-hub.

*Source: AETOSWire

View source version on businesswire.com: https://www.businesswire.com/news/home/20201030005112/en/

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