Financing Tomorrow’s Smart City Ecosystems
Funding and financing strategies for smart cities
Given the volume of funds required for modernizing infrastructure, smart cities need to consider innovative financing strategies to transform their vision into reality. Deloitte published a series of reports around funding and financing smart cities that recommends creative alternatives to traditional infrastructure financing models. This research provides guiding principles based on the experiences of several government officials, industry leaders, and our own professionals who have actively facilitated these journeys for our clients.
Please explore the reports to learn more. Using public-private partnerships for smart city funding
In this article, we examine the creative ways municipalities are using private and non-profit sector participation to advance their smart city agendas and distill the lessons learned for other cash-strapped cities seeking to overcome their own funding and financing barriers.
Getting smart about financing smart cities: Start with these three steps
US cities are in need of major infrastructure reinvestment and modernization. By embracing new smart city models, we can make our cities more secure, safe, resilient, and globally competitive. Government financial officers can play a key role in enabling this transformation using fiscal policy, Public Private Partnership, and performance-based revenue models. By championing the creation of smart cities, government finance officers can drive urban reinvestment and modernization.