Jain Family Institute
Project Title
As one-time funding for "a project on multilateral urban investments " as part of a Request for Proposals (RFP) on “Reimagining Multilateralism and U.S. Foreign Policy"
Date
Sep. 14, 2023
Duration
28 months
Description
The Berggruen Institute works across cultures, disciplines, and political boundaries to develop and promote long-term answers to some of the biggest challenges of the 21st Century as part of developing multilateral approaches to global problems. With this funding, it will develop a model for networking the procurement and financing policies of cities in different countries to seed new green industries in construction materials and transportation. It will use the model to create a set of guidelines for coordinating financing and industry development and convene mayors and purchasing officers through partner networks to disseminate the guidelines. Allowing cities to pool purchasing and borrowing power will lead to price reductions and encourage scaling new industries.