Sustainable Cities
As the world increasingly urbanizes, cities must be at the forefront of global efforts to reduce greenhouse gas emissions and climate change risks. Cities not only account for 70% of global CO2 emissions from energy use, they are also at the forefront of climate change vulnerability, with a majority already experiencing harmful impacts to their citizens and infrastructure as a result of extreme weather events. To address this, trillions of dollars in finance for climate action in cities is needed – highlighting a significant investment gap in urban climate solutions.
CPI is Secretariat for the Cities Climate Finance Leadership Alliance (CCFLA), the only multi- level and multi-stakeholder coalition aimed at closing the investment gap for urban subnational climate projects and infrastructure worldwide. CCFLA provides a platform to convene and exchange knowledge among all relevant actors dedicated to urban climate action. It also publishes research encompassing key topics including the state of cities climate finance, scaling finance for zero carbon buildings, and urban adaptation finance.
Featured work
Publication
The State of Cities Climate Finance
The 2021 State of Cities Climate Finance Report examines the state of urban climate investment, the barriers to reaching the needed investment levels, and the steps to overcoming these challenges.
Publication
Policy Brief: How to Increase Financing for Urban Climate Adaptation and Resilience
This policy brief presents key actions for national policymakers around the world to increase the amount of available finance for cities to respond to climate risks.
Publication
Increasing Subnational Pension Funds’ Climate Investments
This report explores the ways in which pension funds represents a key source of capital for urban climate action.
Latest work
Publication
The State of Global Air Quality Funding 2024
The only global analysis of funding from international development donors to tackle air pollution.
Publication
Clean Utilities for Affordable Housing
Clean Utilities for Affordable Housing expands access to renewable energy for low-income households by partnering with landlords and using credit enhancement strategies to attract large-scale commercial capital.
Publication
Resilient Municipal Market Fund (ReMark)
ReMark’s blended finance facility supports municipal markets across Africa to build urban infrastructure resilience, reduce food waste, improve food security, safeguard vulnerable livelihoods, and reduce greenhouse gas emissions.
Publication
Sustana Cooling India Fund
The Sustana Cooling India Fund will invest USD 100m in early-stage cooling solutions in India. The country’s first blended capital equity fund focused exclusively on cooling de-risks and scales innovative cooling technologies, addressing climate change and UN Sustainable Development Goals
Publication
2024 State of Cities Climate Finance
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.
Blog
Blog | Can Cities Bank on a Greener Future? Insights from London Climate Action Week 2024
In June, CCFLA actively participated in several events during LCAW. This year’s forum brought together a diverse group of individuals, organizations, and communities to engage in critical discussions on global climate action, with a particular focus on accelerating climate finance and mobilizing all sectors of society to address the climate crisis. After careful reflection, the CCFLA team is excited to share our key insights and takeaways on the prominent themes that emerged, particularly concerning cities and climate finance.
Blog
One year of the Project Preparation Facility Connector
Since launching in June 2023, the PPF Connector program has laid the foundation for enhanced collaboration through matchmaking and relationship building by facilitating bilateral meetings, presentations, and matchmaking sessions.
