CCFLA member C40 have published over 100 case studies in a range of Good Practice Guides drawing in the huge experience of cities in the C40 network. One of these guides looks specifically at the issue of city Crediworthiness. The purpose of this guide is to summarise the key elements of creditworthiness good practice for global dissemination, highlighting the success of C40 cities in improving their creditworthiness. The guide focuses on the key elements for a city to successfully increase its creditworthiness with a goal of investing in sustainable infrastructure. These include:

  • Increase Own-Source Revenue (OSR) and manage expenditure
  • Introduce best practices for financial management processes
  • Develop a ‘climate smart’ long term capital investment plan
  • Build a pipeline of public infrastructure projects
  • Undertake a ‘shadow’ credit rating assessment