the gore planning divisions might play a key role to this effect and could be supported by their investment units established to evaluate if projects support the realisation of erd initiatives there are indications that regional portfolios increasingly integrate projects that involve two or more municipalities in the region however as long as municipalities have insufficient resources to finance the execution of their main devolved competences a need to use regional development resources for financing basic local investment and maintenance requirements can persist making it more difficult to finance the overall development priorities defined in the regional strategies the plan includes a diagnostic stage of the cities main challenges and a subsequent proposal for a portfolio of projects to be implemented with a longterm perspective this tool was created after the earthquake to improve the coordination and effectiveness of urban reconstruction efforts