Annual Report 2005

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The report’s foreword by Jeffrey Sachs stresses the pivotal role that cities can play in meeting the MDGs by developing bold, long-term city development strategies which link investments in infrastructure and services with economic growth and poverty reduction. The first chapter discusses the challenges of financing these investments, in particular, on how domestic long-term capital can be mobilised to finance city development strategies, including citywide slum upgrading. The report’s remaining chapters illustrate how Cities Alliance members and partners are designing and implementing Alliance-funded activities worldwide to empower cities in this process.