Events

City Resilience Program: Comprehensive Financial Solutions for City Resilience Conference

November 6-10, 2017

Venue: Hilton Sukhumvit, Bangkok, Thailand

Image
 

  • Introduction 

    Across a range of emerging economies, cities serve as pillars of prosperity, and hold the promise of better and greener living environments for millions of businesses and families. However, the greater concentration of people and assets also means that cities are particularly vulnerable to natural disasters and climate change.  As cities grow, so does their exposure to shocks and stresses, and disaster-related mortality and economic losses can be devastating. Preparing cities to withstand shocks and building resilience become critical to secure long-term development gains.

    Strengthening urban resilience requires substantial investment in urban infrastructure, buildings and land use. Oftentimes cities lack the capacity and financing to pursue and implement the investments that would be necessary to upgrade, build or re-build urban infrastructure. Projections show that worldwide, investments of U$4.1 to U$4.3 trillion per year in urban infrastructure will be needed merely to keep pace with expected growth in a business-as-usual scenario, and an incremental 9 to 27 percent (u$0.4 trillion to u$1.1 trillion) will be needed to make this urban infrastructure climate resilient. The existing infrastructure financing gap highlights the need to better connect existing financing sources to city governments to allow for the necessary investments to materialize. 

    A resilient city

    Resilience—social, physical, and economic—is the capacity of individuals, communities, institutions, businesses, and systems within a city to survive, adapt, and grow no matter what kinds of chronic stresses and acute shocks they experience. A resilient city can avoid, manage, recover and adapt to a variety of shocks and stresses while still providing essential services to its residents, especially the poor and vulnerable. (WB, 2015)

    The World Bank Group’s City Resilience Program

    The World Bank Group’s City Resilience Program (CRP) assists cities in the design and implementation of comprehensive investment plans in urban infrastructure, and to expand the financing options available to cities. In this regard, CRP looks to move beyond traditional WBG lending and focuses on crowding in funding from other multilateral development banks, bilateral donors as well as private sector investors.

    To achieve this, the CRP’s Private Sector Mobilization Strategy provides for a structured, 3-phased engagement process with every participating city to analyze the city’s potential for private sector financing and prepare a capital investment plan: Phase I of the CRP’s Capital Mobilization Strategy focuses on the completion of a Rapid Capital Assessment, which will be prepared in time for the conference and give an indication of a city’s underlying conditions (economic outlook, institutional capacity and track record) for private capital mobilization through direct borrowing from commercial sources, PPP/concessions structuring, or mobilization of equity through land-value capture. Phase 2 will focus on the development of a concrete Capital Investment Plan tailored to prioritized investment in infrastructure-resilient projects, with a focus on identifying the spectrum of private capital mobilization tools which could be structured to finance the respective investment as part of CRP. Phase 3 further supports cities to structure and execute the previously defined capital investment plans.

    Image

    Conference objectives and Outcomes

    Organized across World Bank Urban/Resilience and Governance Global Practices, together with the Rockefeller Foundation’s network of resilient cities, the conference brings together up to thirty-five cities. The objective is to provide a forum for city leaders to interact with their peers, Bank teams, financial advisory firms, and potential investors to:

    • exchange ideas on capital budgeting, land value capture tools, and debt and equity financing for urban resilience;
    • learn about the suite of tools available to cities for raising private capital, and understanding the regulatory and financial framework necessary to utilize these tools in an effective manner; and
    • understand the means of overcoming regulatory and governance challenges to mobilize private capital for infrastructure investment.

    The activities at the conference will combine workshops and presentations, as well as interactive planning sessions to connect learning to concrete development challenges. The goal of this structure is to ensure that conference participants are translating the day’s discussions and lessons learned into workable objectives and outcomes.

  • Sunday, November 5

    8:00 pm – 12:00 am: Welcome Drinks at the Hilton Sukhumvit

    Monday, November 6: Introduction to Comprehensive Financial Solutions for City Resilience

    9:00 am – 9:15 am: Introduction and Welcome Address (WBG senior management)

    9:15 am – 9:30 am: Keynote Address (Governor of Bangkok)

    9:30 am – 10:30 am: Resilient Bangkok (Chief Resilience Officer for Bangkok)

    10:30 am – 11:00 am: Tea Break

    11:00 am – 12:30 pm: What the City Resilience Program Offers You: Comprehensive Financial Solutions for City Resilience (Marc Forni and Niels Holm-Nielsen)

    12:30 pm – 1:30 pm: Lunch at Hotel

    1:30 pm – 5:30pm: Large Group Activity

    Evening: Free

    Tuesday, November 7: Capital Budgeting and Land Value Capture

    9:00 am – 12:30 pm: Capital Budgeting

    12:30 pm – 1:30 pm: Lunch at Hotel

    1:30 pm – 5:30 pm: Land Value Capture Instruments

    6:30 pm – 10:00 pm: Dinner Cruise on the Chao Phraya River

    Wednesday, November 8: Land Value Capture and Debt Instruments

    9:00 am – 12:30 pm: Land Value Capture Instruments

    12:30 pm – 1:30 pm: Lunch at Hotel

    1:30 pm – 4:30 pm: Introduction to Debt Instruments

    4:30 pm – 5:30 pm: Action Planning: Integrating Financial Solutions into CRP Engagement Strategies

    Evening: Free

    Thursday, November 9: PPP and Concessions

    9:00 am – 12:30 pm: Municipal Finance and Debt Instruments

    12:30 pm– 1:30 pm: Lunch at Hotel

    1:30 pm – 4:30 pm: PPP and Concessions

    4:30 pm – 5:30 pm: Action Planning: Integrating Financial Solutions into CRP Engagement Strategies

    7:30 pm – 12:00 am: Farewell Drinks at the Hilton Sukhumvit in Honor of the City of Bangkok

    Friday, November 10

    9:00 am – 5:30 pm: Small Group Presentations

  • HOTEL RESERVATIONS

    In addition to conference registration, all participants must reserve a hotel room online to obtain the conference discounted rate. To reserve a room requires a credit card number and expiration date. However, the card will NOT be charged.

    Make reservations for the hotel here.  

    Hotel Name:

    Hilton Sukhumvit Bangkok

    Hotel Address:

    11 Sukhumvit Soi 24, Khlong Ton

     

    Bangkok, Thailand

     

    10110

    Phone:    

    +66 (0) 2649 6666

    Fax:

    +66 (0) 2649 6709

    For any questions on hotel reservations and booking airport transfers please contact 

    AIRPORT PICK UP AND DROP OFF / GETTING TO THE HOTEL

    Please download detailed information [PDF file] on options for getting to the hotel (taxi, hotel pickup, airport rail link, skytrain). Note that transportation will be self-financed and not covered by the World Bank.

    TRAVEL DOCUMENTS AND VISA

    Please download the template letter [DOC file] and adjust as necessary for staff and external. Please send ONE email from each country team with all visa request letters (staff and external) to Nadia Islam, nislam@worldbank.org copying Poonyanuch Chockanapitaksa (Bird), pchockanapitaksa@worldbank.org. Emails should also contain the following information for each participant: Name, UNLP or National Passport Number, Issue Date and Expiry Date.

    Non-World Bank participants: 

    • Passport holders of certain countries are not required to obtain a visa to enter Thailand and will be permitted to stay for a period not exceeding 30 days per visit.
    • For all external guests the letter of invitation should be attached along with the visa request letter. 
    • Letters will be signed in the World Bank Bangkok office and returned to the requestor. It is then the responsibility of the traveler to obtain the visa.

    EMERGENCY CONTACTS & CONTACTING THE ORGANIZERS

    For urgent questions related to logistics, flights, and accommodation, please contact Nadia Islam via email at nislam@worldbank.org copying Bird at pchockanapitaksa@worldbank.org. For emergencies, Nadia can be reached by phone at +1-202-458-0334 or by mobile at +1-804-292-9849.