Innovative finance mechanisms

Rapid urban growth requires integrated climate action. Local governments are in the frontline addressing sustainable urban development, but they face multiple challenges in defining robust project concepts and accessing finance for their priority climate infrastructure investments. Mandates, resources, and capacities often do not align. Channeling resources towards the implementation of climate and energy solutions is challenging, but one faced by many cities globally, driving increased attention to the problem. In the meantime, a number of financial tools and instruments, as well as technical assistance, are available that allow cities and regions to access the finance they need for their energy transitions.


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