Event
The CFF presented at a World Café session at a workshop co-organised by the NAMA-Facility and the Climate Investment Funds, sharing its framework for transformation.
The CFF presented at a World Café session at a workshop co-organised by the NAMA-Facility and the Climate Investment Funds, sharing its framework for transformation.
This publication sets out the CFF's approach to transformation, namely how it aims to achieve large-scale, sustained and catalytic GHG emissions reductions and enhanced resilience within cities.
Cities have to innovate to find solutions to finance climate action programs. Mexico City in December 2016 became the first city in Latin America to issue a Green Bond - for US $50 million.
Several C40 cities have successfully accessed new sources of finance, including from the private sector, through establishing city climate funds.
A city's creditworthiness is a vital requirement to finance low-carbon, climate resilient projects, yet many C40 cities do not have a credit rating or access to capital.