Page 47 - A U4SSC deliverable - Guidelines on tools and mechanisms to finance Smart Sustainable Cities projects

Box 15: Multilateral dialogue and institutional innovation

Recommendation 8: use the round-table approach for stakeholder engagement

In order to facilitate multilateral dialogue between the partners involved in the sustainable
development framework, governments should consider adopting a round-table approach where
stakeholders will be heard.

This interdisciplinary approach means embracing formal representation from the stakeholders
involved in urban development at multiple decision-making levels and across sectors, including
both central and local public-sector administration, and private-sector stakeholders, including
developers, investors, lenders, civil society, and academia. A round-table approach should also be
iterative and interactive, meaning that the process is flexible, and evolves based on data provided
by stakeholders.

Box 16: Round-table approach

U4SSC: Guidelines on tools and mechanisms to finance Smart Sustainable Cities projects 29