At the World Urban Forum in Baku, delegations from Colombia, Mexico, and Ecuador advocated for innovative housing finance models to support affordable, climate-resilient urban development. Policymakers emphasized the inadequacy of traditional housing systems in addressing rising demand and climate risks. Key figures like Colombia's housing minister Aydeé Marsiglia Bello and former Quito mayor Mauricio Rodas highlighted the need for reform in global finance systems to better support urban areas. Discussions also focused on attracting private investment for affordable housing and addressing challenges like gentrification in cities like Mexico City, which aims to enhance housing access by 2030.