The Cities Alliance celebrated its 10th anniversary during annual Consultative Group meetings and Public Policy Forum held in Mumbai, India from 18-22 January 2010. The Alliance used the occasion to announce its new business model focussing on a more strategic, programmatic approach to managing its operations.
The new approach emphasises improving impacts in low income countries, while drawing upon the successful results in middle income countries such as Brazil, Chile, and the Philippines.
Under the new business model, effective 1 April, 2010, a new Catalytic Fund will replace the current grant facility/funding application process. Application processes will also be streamlined to reduce transaction costs and improve turnaround time.
In addition, a greater share of the Alliance’s financial resources will be used towards longer-term, in-country programmes for cities and local governments. “This repositioned business model will allow the Cities Alliance to be more proactive in achieving programme objectives,” said Programme Manager, William Cobbett.