{UAH} SOMEBODY IN KAMPALA IS LISTENING>>

People;

Down the UAH archive, are my posting on diaspora bonds and how federalism could give states, the mandate to raise funds through P.P or sales of bonds, but it never made sense to UAH members here but I am glad somebody in Kampala is listening. I hope it will end up with the creation of the diaspora bond, in xchange for $$$ like i had suggested earlier. Read on!

Turning to the private sector for investment

Estimates suggest that with the right policies, private sector investment could fill up to half of the infrastructure-financing gap.

For example, Kampala, Uganda, recently set out a plan to improve its governance and financial management, and has gained a reputation as an effective, reform-minded and innovative authority. This improved the city's creditworthiness to an "A" rating at the national scale for long-term debt instruments.

The improved rating almost doubled its borrowing allowance for large-scale sustainable urban infrastructure.

Municipal green bonds are another way to attract capital. The municipal green bond market is relatively small, valued at about $6 billion in 2015, but fast growing.

Throwback: Green spaces in the sky 04:28

Last year, in the biggest issuance yet, Seattle's Sound Transit sold nearly $1 billion of green bonds that will help fund voter-approved regional transit projects, including construction of more than 30 miles of light rail extensions.

Johannesburg recently issued a green municipal bond with a target value of $136 million. The bond was oversubscribed. Another South African city, Cape Town, is looking to use its "AAA" credit rating and pipeline of climate action projects to issue a green bond that it intends to have certified through the Climate Bonds Initiative.

These measures, coupled with increasing pressure on the market to invest in instruments that support and deliver sustainable objectives, mean that Cape Town is hopeful that this bond will attract a favorable investor response when it goes to market.

Public-private partnerships can also be an effective way for cities to improve access to private finance for urban infrastructure.

Bangkok's Skytrain and Bogota's Bus Rapid Transit were both financed in part through such partnerships.

Cities, especially in the developing world, can also tap into multilateral development banks and international climate funds.

FEDBY20/20 Campaign. Supporting federalism as a system of governance in future Uganda.

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