Global Compendium of Practices on Local Economic and Financial Recovery

By January 20, 2022 January 20, 2022 Publications, UNCDF Featured Publications POM

The UN Regional Economic Commissions—United Nations Economic Commission for Europe (UNECE), United Nations Economic Commission for Africa (UNECA), United Nations Economic and Social Commission for Western Asia (UNESCWA), United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), and United Nations Economic Commission for Latin America and the Caribbean (UNECLAC)—together with the UN Human Settlements Programme (UN-Habitat) and the UN Capital Development Fund (UNCDF) are collaborating on a joint UN project on Building Urban Economic Resilience during and after COVID-19.

This project promotes the “recovering better” principle of the UN framework by developing measures for planning and building resilient cities; advocating for an approach that is multi-hazard, multi-sectorial, and multi-stakeholder; promoting the green and circular economy; overcoming inequalities; and assisting the most vulnerable groups. The project focuses on strengthening the capacities of local governments globally—starting with 16 partner cities— to design, implement, and monitor sustainable, resilient, and inclusive COVID-19 economic responses, recovery, and rebuilding plans. It aims to contribute to planning for more resilient cities and local governments that are better able to manage shocks such as COVID-19 and other broad-based socio-economic stresses likely to reoccur in a predominantly urban world. To achieve this, one essential step is to derive insights from actual experiences of cities and local governments spread across different regions, and to leverage these in order to achieve project objectives.

The Global Compendium of Practices serves as a repository for the case studies and lessons from cities, grounded on the conceptual framework on urban economic resilience.