The State of Cities Climate Finance 2024
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.
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.
Cities are indispensable actors in the climate transition. Currently, 56% of the world’s population live in cities and 70% of people are expected to live in urban areas by 2050 (World Bank 2023a). Many urban areas, particularly in emerging markets and developing economies (EMDEs), are already facing frequent and intense extreme weather events such as floods, drought, and heat.
For cities to reach their full potential to support climate action, they need much more financial support. For mitigation alone, cities require an estimated USD 4.3 trillion annually from now until 2030, and over USD 6 trillion per year from 2031 to 2050. This report provides the first granular assessment of urban mitigation finance needs, disaggregated by sector and region.
Unlocking Subnational Finance: Overcoming Barriers to Finance for Municipalities in Low- and Middle-Income Countries
This report is intended to address this development challenge. It provides a snapshot of the volume of finance flowing to municipalities in developing countries, showing that such flows have been extremely restricted in recent years.
Unraveling Public-Private Partnerships
The goal of this toolkit is to provide practical tools so that governments in the Global South, starting with Brazil, can more effectively address the challenges related to climate change, social inequalities and inadequate infrastructure.
The Landscape of Project Preparation 2024
Project Preparation Facilities support cities in developing bankable, investment-ready projects, typically from a project’s concept, design, or scoping stage up to the financial close.
Second Brazil National-Local Dialogue
The dialogue will focus on further strengthening metropolitan and interfederative governance across three Brazilian regions.
