Innovating in Cities - How can local authorities find innovative approaches to finance and implement greenspace and nature-based solutions?
Description
This podcast explores the IGNITION project approaches on how innovative financing models for local authorities to increase and maintain greenspace and nature-based solutions can be developed in a way that they fit well and are broadly applied.
While there is already a general consensus among local decision-makers in Greater Manchester that the amount of greenspace and nature-based solutions need to be increased, they are faced with internal and external challenges. On top of the list is the austerity of public budgets, with further barriers posed by knowledge gaps on the cost-effectiveness of nature-based solutions and working in silos. Citizens are unaware of the extent of services of greenspace as well as of implementation challenges of the local authority, while private investors are uncertain about the benefits. Read the full article of Birgit Georgi, UIA expert.
Find more about the innovative project implemented by the city of Greater Manchester, IGNITION - Innovative financinG aNd delIvery of naTural clImate sOlutioNs in Greater Manchester