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Climate Finance

Find out about how city governments can attract innovative sources of investment for infrastructure projects that address climate adaptation and rapid urbanization.

Rapid urbanization and climate disasters are placing enormous stress on infrastructure globally, including water, transportation, energy and waste systems. Building resilient, low-carbon infrastructure systems is essential for cities to adapt to urban expansion and climate change. However, many city governments lack local revenue sources to pursue capital-intensive infrastructure projects. To attract investment, projects that address climate adaptation and urbanization must align with the priorities of investors and the infrastructure needs at the local level. The private sector, international financial institutions and development banks are increasingly becoming more active financiers in the city space, though more investment is needed.