A stage of growth or advancement in any aspect of a community that is defined by or restricted to a particular and usually small district or area. (Source: RHW / ISEP)
The local development finance approach to local development requires supportive policy environments that enable the scaling up of investment mechanisms.
يتطلب نهج تمويل التنمية المحلية صوب التنمية المحلية بيئات سياساتية داعمة تتيح توسيع نطاق آليات الاستثمار.