Finance Forum

A one-day finance track addressing the crucial questions: How can cities prepare bankable projects that attract investors? How can they partner with funders?

Finance Forum: High level session (Session D1)

Despite some successes, the availability and accessibility of funds to tackle climate change remains limited to drastically scale up local climate action. Yet, the political will is there to act. How can we break through this financial glass ceiling?

This high level plenary session will introduce ongoing activities, funds and initiatives targeting local action and how to unlock climate finance.

Plenary training: Accessing finance (Session E1)

The Plenary training workshop is a more technical and interactive session with a spotlight on accessing finance. Experience of project preparation facilities will be shared, including banks and funders’ hints on key requirements of a true bankable project, as well as successful project pitching.

Make your pitch: TAP marketplace (closed – Session F1)

One of the main bottlenecks identified for why local governments continue to be unable to access climate finance is the lack of clarity the complex financial architecture and funds available. Thereby resulting in cities having limited knowledge about the needs and requirements of funders and rarely have to opportunity to engage with them directly. In a similar way, financial institutions encounter difficulties in identifying bankable projects from sub-national governments and have limited exposure to the wide range of projects that cities have, nor do they understand the challenges and obstacles faced by cities in accessing finance and funding. Through the Transformative Actions Program (TAP) project pipeline, ICLEI acts as an intermediary organization helping sub-national governments find the matching technical and financial partner to reach project bankability.

Peer exchange GPSC cities (Session F2)

This Peer Exchange Session of the Global Platform for Sustainable Cities (GPSC) brings together city representatives and financial experts to share experience on how to access climate finance. What works? What is needed? How can we ease the process? With existing good practice, available tools and expertise specializing in guiding cities to develop robust and bankable projects, this session brings information and knowledge to city representatives – also encouraging them to share their experiences with each other. The peer-to-peer exchange will focus on approaches taken, exploring what worked well and why.

 

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