{"id":32218,"date":"2020-09-29T00:01:00","date_gmt":"2020-09-29T00:01:00","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_publications&p=32218"},"modified":"2026-05-21T01:59:02","modified_gmt":"2026-05-21T01:59:02","slug":"sub-national-climate-finance-initiative","status":"publish","type":"cpi_publications","link":"https:\/\/www.climatepolicyinitiative.org\/pt-br\/publication\/sub-national-climate-finance-initiative\/","title":{"rendered":"Sub-national Climate Finance Initiative"},"content":{"rendered":"\n

This publication is CPI\u2019s analysis of Sub-national Climate Finance Initiative, an innovative climate finance instrument endorsed by the<\/em> Global Innovation Lab for Climate Finance<\/em><\/a> (the Lab). CPI serves as the Lab\u2019s Secretariat.<\/em> Each instrument endorsed by the Lab is rigorously analyzed by our research teams. High-level findings of this research are published on each instrument, so that others may leverage this analysis to further their own climate finance innovation.<\/em><\/p>\n\n\n\n

Over two-thirds of the global population is expected to live in cities by 2050. Urban infrastructure built over the next 30 years to accommodate this growth will largely determine whether the world locks in a high-emissions, non-resilient future or reaches global sustainability goals.<\/p>\n\n\n\n

Engagement at the sub-national level is critical. Approximately 6,000 state and municipal governments are already committed to reducing emissions. Despite this, a tremendous amount of investment is needed. With public budgets increasingly under strain, private sector investment is crucial to meeting this need, yet private investment barriers include high risk, low returns, and small investment size.<\/p>\n\n\n\n

SnCF is expected to be the first private equity fund to feature a Technical Assistance Facility that provides local government capacity building and certifies all projects for SDG impact prior to investment.<\/p>\n\n\n\n

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