Creditworthiness

Increasing urbanization across the developing world is creating infrastructure needs in cities. However, municipal authorities, state-owned entities and utilities are often constrained by inefficiencies in revenue collection, high costs and poor working capital management. This reduces the creditworthiness of these entities which in turn can act as a major obstacle to attracting private sector investment into much needed infrastructure. This solution area focuses on creating the conditions necessary for these entities to improve their creditworthiness so that they can tackle their infrastructure deficits. As part of the World Bank Group’s City Creditworthiness Initiative, this solution area will also bring together partners to assist sub-national clients address challenges across the project spectrum.