Climate Finance in the Urban Context

Cities and the people who live in them
account for more than 80 percent of the world's total
greenhouse gas emissions. In addition, more than 80 percent
of the overall annual global costs of adaptation to climate
change are estimated to be borne by urban areas. This issues
brief looks at potential financing opportunities and costs
of mitigation and adaptation in the urban context.
Wide-ranging potential sources for finance for climate
action are described, and suggestions are made for more
effective responses to climate investment challenges in cities.