The State of Cities Climate Finance report examines the current state of urban climate investment, the barriers to reaching the needed investment levels, and the steps to overcoming these challenges.
The report's executive summary summarizes the key findings, including the current context for city-level climate action, estimated urban climate finance flows, enabling conditions needed to mobilize more finance, and steps to address the urban climate investment gap.
The report contributes to the mission of the Cities Climate Finance Leadership Alliance to mobilize city-level climate finance at scale by 2030. It also contributes to the Leadership for Urban Climate Investment framework initiative hosted by the alliance, which aims to create a strong global architecture for subnational climate finance and tracking.