Blog » Launch of City Creditworthiness Partnership

Launch of City Creditworthiness Partnership

Created Feb 18 2015, 2:52 PM by Joshua Gallo
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    I am very pleased to learn of this initiative.


    We have found in our work in the municipal climate-smart area that credit considerations can be broader than for simply the municipality alone -- both funders and policy-makers must bear this in mind in promoting effective change in this area.  Municipal creditworthiness is important; however, fiscal constraints and risk considerations give rise to additional borrower/credit scenarios, including municipally-owned corporations, as well as municipal partners (often private-sector providers of technology solutions) -- see schematic below.


    Hopefully the City Creditworthiness Initiative will take into account the broader credit environment to ensure flexible borrowing approaches for cities and funders alike.

    Categories of Credit Risk for Borrowing for Municipal Projects.jpg

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