Nature Positive Cities Efforts to Advance the Transition Durban 2024

2 Assessment of enabling environment Improvement areas –Explore the use of blended finance mechanisms and incorporate external funding from the private sector to finance or implement projects for mutual benefit. –Collaborate with the treasury unit to allocate a sufficient budget to the long-term upkeep of nature-related projects. –Adopt the Cities’ Infrastructure Delivery and Management System (CIDMS) for asset management and use funding from the national government to finance essential projects. –Include local conservancies in the Restor initiative to connect with funders and provide greater visibility for the work being done by Durban. Challenges identified –Limited use of external finance, such as multilateral development banks (MDBs), for the implementation of nature solutions. –Increased long-term financial uncertainty due to project-based nature of funding schemes and decisions. –Convoluted processes for NGOs to apply for funding and partner with the municipality. Nature Positive: Cities’ Efforts to Advance the Transition 28