30Conclusion Identifying regulatory tools, planning approaches, eco- nomic models and political instruments that are most likely to produce high-quality, affordable places requires a paradigm shift in how development is planned and delivered. By prioritizing consistent financial mecha - nisms, facilitating inclusive stakeholder engagement and addressing the unique needs of each project stage, these models can drive spatial development that delivers affordability, cultural vibrancy and social value creation, which are inherent in high-quality Baukultur. The Davos Baukultur Alliance calls for collective efforts to advance models that address current challenges while building resilient, sustainable and impactful out - comes for communities globally.BANKERS WITHOUT BOUNDARIES AND THE EU BwB is working closely with its partners within the EU’s Cities Mission to increase the knowledge capacity of city officials to help drive the inclusion of private finance into its city planning, urban governance and multi-sectoral project development. A critical part of this has involved hiring and deploying “city finance specialists” across all 112 cities, who are finance experts working within city infrastructure, closely liaising with all departments within the city. This initiative is working to “bridge the gap” between public-sector local government and institu - tional private finance, two sectors which – at best – have a language barrier, and – at worst – have extremely mis- aligned incentives and harbour distrust. HABITAT FOR HUMANITY – BANGLADESH Habitat for Humanity works closely with the Government of Bangladesh to enhance the government’s capacity and raise awareness regarding climate resilience in the national policies. Habitat for Humanity conducts dia- logues with relevant government stakeholders, such as the Ministry and Department of Disaster Management and Rehabilitation, Housing and Public Works, and local government entities, to influence their action on building climate resilience. Habitat for Humanity Bangladesh also works with relevant parliamentary standing committees to reach the policy-makers. 31Innovative practice The innovative practice studies showcase practical examples of how affordability and social value can be effectively integrated into urban development. These projects highlight diverse strategies and approaches that respond to the urgent need for affordable housing, equity and sustainable community development. By embracing innovative models, these studies demon- strate how high-quality outcomes can be achieved when affordability and social value are prioritized throughout the development process. These examples illustrate how a combination of regulatory mechanisms, economic models and commu - nity-driven approaches can address systemic challenges in urban development. They also highlight the role of cross-sector collaboration in achieving long-term, sustainable social outcomes. While each project is con- text-specific, the strategies presented offer adaptable pathways for other regions facing similar challenges. By using both local knowledge and global best practices, these case studies provide valuable insights into how affordability and social value creation can be scaled and implemented in diverse urban environments. 31

From Principles to Practice DIGITAL