CFCC: Challenges and Opportunities for Urban Climate Finance – Lessons Learned from eThekwini, Santiago de Chile and Chennai

“To assist our partner cities in identifying available financing options and gaining access to them, the CFCC project commissioned adelphi consult to conduct this study. The objective was to produce a comprehensive assessment of the situation of urban climate finance in the three partner countries with a specific focus on CFCC’s partner cities. This includes recommendations for improving municipal/city access to funding instruments for climate change related work and for better integrating climate change into planning mechanisms. One of the key takeaways from this study is that finance and governance are very closely intertwined. Without sound municipal financial management systems and enabling governance frameworks (on local and national level) all efforts to increase funding
for climate action will have limited impact.” – Dr Daphne Frank, Head of the Cities Fit for Climate Change project.

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