New Urban Agenda A/RES/71/256 128. We will encourage UN-Habitat, other United Nations programmes and agencies, and other relevant stakeholders to generate evidence -based and practical guidance for the implementation of the New Urban Agenda and the urban dimension of the Sustainable Development Goals, in close collaboration with Member States, local authorities, major groups and other relevant stakeholders, as well as through the mobilization of experts. We will build on the legacy of the Habitat III conference and the lessons learned from its preparatory process, including the regional and thematic meetings. We note, in this context, the valuable contributions of, inter alia, the World Urban Campaign, the General Assembly of Partners for H abitat III and the Global Land Tool Network. 129. We urge UN-Habitat to continue its work to develop its normative knowledge and provide capacity development and tools to national, subnational and local governments in designing, planning and managing sustainable urban development. 130. We recognize that sustainable urban development, guided by prevailing urban policies and strategies, as appropriate, can benefit from integrated financing frameworks that are supported by an enabling environment at all leve ls. We acknowledge the importance of ensuring that all financial means of implementation are firmly embedded in coherent policy frameworks and fiscal decentralization processes, where available, and that adequate capacities are developed at all levels. 131. We support context-sensitive approaches to financing urbanization and enhancing financial management capacities at all levels of government through the adoption of specific instruments and mechanisms necessary to achieve sustainable urban development, recognizing that each country has the primary responsibility for its own economic and social development. 132. We will mobilize endogenous resources and revenues generated through the capture of benefits of urbanization, as well as the catalysing effects and maximized impact of public and private investments, in order to improve the financial conditions for urban development and open access to additional sources, recognizing that, for all countries, public policies and the mobilization and effective use of domestic resources, underpinned by the principle of national ownership, are central to our common pursuit of sustainable urban development, including implementation of the New Urban Agenda. 133. We call upon businesses to apply their creativity and innovation to solving sustainable development challenges in urban areas, acknowledging that private business activity, investment and innovation are major drivers of productivity, inclusive growth and job creation, and that private investment, particularly foreign direct investment, along with a stable international financial system, are essential elements of development efforts. 134. We will support appropriate policies and capacities that enable subnational and local governments to register and expand their potential revenue base, for example through multipurpose cadastres, local taxes, fees and service charges, in lin e with national policies, while ensuring that women and girls, children and youth, older persons, persons with disabilities, indigenous peoples and local communities, and poor households are not disproportionately affected. 135. We will promote sound and transparent systems for financial transfers from national Governments to subnational and local governments based on the latter’s needs, priorities, functions, mandates and performance -based incentives, as appropriate, in order to provide them with adequate, timely and predictable resources and enhance their ability to raise revenue and manage expenditures. 23/29