CDIA Speaks at the High-Level International Forum on Sustainable Urban Development

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CDIA recently participated in the first High-level International Forum on Sustainable Development held in Chengdu, Sichuan Province of China. The forum was organized by China’s National Development and Reform Commission (NDRC), United Nations Human Settlements Programme (UN-Habitat), China Center for Urban Development (CCUD), and Chengdu municipal government.

CDIA’s China Project Coordinator Ms. Chenzi Yiyang served as a panelist for the discussion on “Urban Drivers and Financial Innovation.” Together with five other panelists, they shared their insights on financial innovation in urban China. In particular, Ms. Yiyang introduced CDIA’s experience in assisting Chinese cities to bridge the gap between their planning and infrastructure financing. She also talked about how CDIA’s pre-feasibility studies have helped cities leverage downstream financing.

Ms. Yiyang joined hundreds of senior representatives from Chinese cities and more than 20 countries in sharing and exchanging concepts and models of sustainable development, development experience and practices, and best cases of urban development. They also jointly explored cooperation models and mechanisms of sustainable urban development in the Belt and Road Initiative. The forum became the first practical project to implement the initiative’s cooperation documents signed between the Chinese government and UN-Habitat.

Dr. Joan Clos, UN Undersecretary-General and UN-Habitat Executive Director, stressed during the opening ceremony that China’s urbanization is unique and important, thereby providing valuable experience on sustainable development to the world. According to him, the United Nations pays close attention to the opportunities in the Belt and Road Initiative and hopes this initiative will share China’s experience and lessons, in order to contribute to peace and improvement of livelihood in other parts of the world.

The Chengdu Declaration on Sustainable Urban Development was created at the forum. It calls for building an inclusive and open environment for urban development, promoting sustained and steady urban economic development, and practicing green and low-carbon urban development concepts, among others. Click here to read the Chengdu Declaration.

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