How National Governments Can Increase Finance for Subnational Climate Action
This document outlines strategies for national governments to enhance financing for subnational climate action in collaboration with various stakeholders to address urgent climate challenges.
This report is aimed at defining implementation options for national governments to significantly scale up finance for subnational climate action in close partnership with subnational governments, development partners, and the private sector.
Given the objective of identifying actions with impact across countries, the report is directed primarily at national governments – both national leaders and technical staff – with a focus on finance ministries as well as planning, urban, and environment ministries. Given their shared accountability for the formulation and implementation of national urban, climate, and development agendas, these ministries are also accountable for mobilizing finance to deliver green, healthy, and resilient communities. Subnational climate action is core to national development plans, budgets, and policies, underpinning the required national public investment in people, productivity, and prosperity.