Maximising philanthropy's convening power to implement and monitor the NUA

Maximising philanthropy's convening power to implement and monitor the NUA

The two key qualities of philanthropy – its ability to take risks and its convening power – make the sector a valuable and necessary partner in the New Urban Agenda. While the financial resources of philanthropy are limited in comparison to public financing, philanthropy can make substantial contributions in the areas of implementation and monitoring of NUA.

Being an independent entity with private resources, philanthropy is in a prime position to implement novel initiatives and projects, taking risks that public authorities are simply unable to due to various constraints. Learnings from these innovative initiatives can then inform better policies at local, regional, national and global level.

Philanthropy is well connected to both governments and civil society. Using this convening power philanthropy can stimulate reporting on the NUA and SDGs from the much-needed perspective of civil society, complementing the monitoring by national governments.

This session will dive into case studies on how philanthropy's innovation and convening qualities can make a real difference in the implementation and monitoring of the New Urban Agenda, providing a safe space for attendees to interact with these ideas.