Tuesday, April 30, 2013

U.S. Infrastructure Financing for Cities Task Force Launched

On April 17, the United States Conference of Mayors and the Clinton Global Initiative (CGI) announced the launch of the Infrastructure Financing for Cities Task Force (IFC Task Force) that will address critical issues facing American cities. Thus far, 17 mayors with a combined constituency of more than 17 million people have joined the IFC Task Force. Collaborating with CGI – which brings together leaders from business, government, labor, and civil society to address the world's most pressing challenges – the mayors will explore solutions to current obstacles to public infrastructure investment, look at existing models of leveraging private capital to finance projects such as road and water system improvements, and deliberate innovative investment models such as the creation of an urban infrastructure bank.

The complete press release is available here.

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