The CCFLA welcomed 4 new members and 3 new LUCI initiatives in 2022 for a total of 80 members including 41 enablers, 23 supply side, 10 demand side, and 6 policymakers.
In 2022, CCFLA produced 15 knowledge products: 5 reports, 3 policy briefs, 4 tools, and 3 blogs.
Secretariat staff spoke at more than 30 external city climate sessions in 2022 and convened stakeholders at 4 major international climate finance gatherings, and the CCFLA Annual Assembly.
Our 2022 Highlights and Impact Report outlines the progress and key milestones achieved in 2022, and highlights members’ knowledge products and case studies.
Every year, our members produce a wide-range of knowledge products that respond to the many challenges faced by cities while accessing urban climate financing.
The OECD and Lincoln Institute of Land Policy co-produced the Global Compendium of Land Value Capture Policies scoping the full landscape of land value capture (LVC) instruments in 60 countries, and what it would take to unleash their full potential as a sustainable revenue source.
The paper ‘Climate Emergency Finance: A call to action,’ FMDV, ICLEI, and UNCDF call for action to unlock and accelerate the flow of financing approaches that could play a critical role in financing climate emergencies. Special attention is given to the role of Subnational Development Banks, the pipeline of investment-ready projects, guarantees, and bonds.
The Cities Alliance paper, “Seizing the Opportunity: Rapid Urbanisation and the Circular Economy,” considers how the circular economy and climate migration can improve socioeconomic conditions in developing cities, and the role of an integrated, inclusive city planning approach.
BWWK, GIZ & GCoM contributed to the Summary for Urban Policymakers of the IPCC Sixth Assessment report which aims to advance a scientific evidence base to propel implementation and deepen climate action in cities around the world. The Summary for Urban Policymakers series includes 3 reports and an action agenda, all launched at COP27.
The World Bank report Thriving: Making Cities Green, Resilient, and Inclusive in a Changing Climateprovides a compass to help local and national policymakers meet their objectives to make cities greener, more resilient, and more inclusive. It outlines what policy instruments are available; who yields these instruments; and how policy choices could be tailored, prioritized, and sequenced for effective implementation.
CCFLA member climate finance initiatives are implemented globally, with an emphasis on emerging markets and developing economies
17%Latin America and the Caribbean
6%USA & CANADA
3%Western Europe
8%Central Asia & Eastern Europe
8%Middle-East And North Africa
14%Sub-saharan africa
14%South asia
7%Other Oceania
11%East asia & pacific
Percentage of CCFLA member initiatives active in different regions, as reported
0%15%
CCFLA members are driving urban climate action through project preparation support, knowledge-sharing, and project finance.
To scale urban climate finance and impact, CCFLA members are catalyzing action along the entire value chain of subnational climate finance - from project conception through to financing. CCFLA members range in size and function, so we asked them to select the type of support that best describes their key programs and initiatives. Each of these are critical aspects to support the prioritization of cities in the global architecture of climate finance.
Almost all CCFLA members focus on both mitigation and adaptation.
The large majority of CCFLA members focus on multiple sectors, indicating broad climate, multi-hazard planning and infrastructure financing support.
88% of surveyed members address both mitigation and adaptation concerns, a significant increase from the previous CCFLA mapping in 2017.
Sectoral focus of members programs/initiatives
Percentage of members selecting a particular sectoral focus
Adaptation and resilience
80%
Water, sanitation and waste
68%
Urban public and green space
64%
Renewable energy
63%
Transportation/mobility
63%
Land use nature-based solutions
61%
Energy efficiency
59%
Low carbon tech and open data
27%
Integrated urban planning
5%
Focus of the program
In terms of the activities of the members’ programs/initiatives, the top areas of focus included capacity development, enabling frameworks, project preparation, urban planning, and finance. Most programs had more than one focus area.
Focus Areas of Members Programs/ Initiatives
Percentage of members selecting a particular focus area to describe their program/initiative(s)
Capacity development
83%
Project preparation
69%
Finance
59%
Urban planning
56%
Enabling frameworks
51%
Advocacy
3%
Innovation/research
3%
Participation in International Initiatives & Networks
CCFLA Secretariat participates in several external global initiatives and multi-stakeholder networks to raise visibility of the mission of CCFLA and amplify its core messages to broader audiences with relevant interests. To date, CCFLA has engaged actively with the following:
Maryke van Staden
Director of ICLEI’s carbonn Climate Center (Bonn Center for Local Climate Action and Reporting)
”
CCFLA plays a crucial role in bringing together different actors working on closing the investment gap for climate action in cities… the first sub-national forum in Mexico, organized by ICLEI and FMDV, strengthened the collaboration not only between CCFLA members globally and locally, but enhanced coordination of national and international organizations, as well as all levels of government - including city officials in the country - towards developing bankable projects. This is why we engage here!
Andy Deacon
Acting Global Managing Director, Global Covenant of Mayors for Climate & Energy (GCoM)
”
Being part of CCFLA has been a valuable engagement that has allowed us to work towards demystifying the complexities around financing climate-smart urban infrastructure projects for our mayors and cities. As the co-chair of CCFLA’s Enabling Frameworks Action Group, GCoM has been able to connect with like-minded institutions, discuss common challenges, and improve policy frameworks around cities’ ability to access much-needed climate finance.
Katie Walsh
Head of Cities, States and Regions, CDP North America
”
CDP serves on the Steering Committee for CCFLA and through our participation in the Project Preparation Action Group and Financial Toolbox Action Groups we have found numerous opportunities to partner with other organizations who have a shared mission to accelerate financing climate action in cities. CCFLA serves a critical need – it bridges organizations and people with common purpose and catalyzes new ways of working and initiative that finance city climate action. The collective organizing efforts in CCFLA are supporting us on the journey as Cities Race to Zero and Race to Resilience.
Kassandra Soto
Project Director at the Municipal Institute for Urban Planning, City of Hermosillo
”
…From the lessons that we take from our participation in CCFLA's [Mexico Project Preparation Forum] event, now we know that we must structure our projects in a clear and concise manner, defining the technical-financial aspects, same that will make them viable, but above all, that it is very important to communicate effectively the ends and means to specialized audiences.
Sustainable Infrastructure Foundation
”
“Thanks to CCFLA we developed partnerships, with CDP and ICLEI, and launched 3 pilots with Latin American cities using the multilateral online software SOURCE to support the early-stage preparation of sustainable infrastructure projects, enable their access to international best practices and connect them with the relevant PPF.”
Global Infrastructure Facility
”
“Global Infrastructure Facility (GIF) is proud to be a member of CCFLA. As a project preparation facility active at the city-level, GIF has leveraged CCFLA’s rich library of knowledge products, convenings, and the collective insights of its members to better inform its work of building pipelines of sustainable, resilient infrastructure.”
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