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Author(s) Jessie Press-Williams Priscilla Negreiros Pedro de Aragão Fernandes et al.

2024 state of cities climate finance: The landscape of urban climate finance

Source
Climate Policy Initiative (CPI)
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The 2024 State of Cities Climate Finance report (SCCFR) provides the most comprehensive assessment of urban climate flows and needs globally. It aims to inform action on mobilizing finance for city-level climate action at scale by 2030. Data shows that annual urban climate finance must increase more than fivefold to attain a 1.5°C climate pathway. This reveals a great investment opportunity in lower missions and resilient infrastructure if the following key challenges can be overcome

This report details the Cities Climate Finance Leadership Alliance's four key recommendations to scale urban climate finance: Improve the quantity and quality of urban climate finance; Strengthen domestic markets through the strategic use of public finance; Rapidly scale urban adaptation finance, particularly in EMDEs, and; Improve data and tracking of urban climate finance flows and needs.

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Document links last validated on: 11 October 2024

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Themes Critical infrastructure Governance Urban risk and planning
Cover and source: Climate Policy Initiative
Number of pages
93 p.
Publication year
2024

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