CCFLA marked its 10th anniversary, reflecting a decade of collaboration, innovation, and tangible progress in scaling urban climate finance. Our network has expanded to 80+ members, representing leading organizations across the globe. Since 2019, we have produced 40+ knowledge products, convened 120+ events, and hosted 90+ member exchanges, positioning CCFLA as a trusted catalyst for collaboration.
In 2024, CCFLA published the third edition of the State of Cities Climate Finance Report (SCCFR), the most comprehensive global assessment of urban climate finance flows. Key findings showed that annual urban climate finance doubled to USD 831 billion (2021–2022), with private finance tripling to nearly half of all flows. Yet, a fivefold increase is needed by 2030 to stay on a 1.5°C pathway. The report shaped high-level agendas, including the Urban20 call for USD 800 billion in annual public investment in cities by 2030.
Together with Urban-Act, CCFLA launched the Enabling Framework Conditions Assessment tools, which are being implemented by partners in India, Indonesia, the Philippines, Fiji, Montenegro, and Argentina. The tools have brought national and local governments together, sparking new dialogues, building financial fluency, and informing multi-level planning and fiscal framework development.
In 2024, CCFLA also launched the Net Zero Carbon Buildings Policy and Finance Portal, offering tools and strategies for city-level decarbonization. We expanded the PPF Connector, with a database hosting 430+ projects, facilitating 40+ matchmaking requests, and supporting new partnerships globally. At the same time, we strengthened our Local Hub in Central Asia, advancing finance for net-zero carbon buildings and building the foundation for new CCFLA Local Hubs.
Membership grew from 52 institutions in 2019 to 80+ in 2024, with 85% of members satisfied or very satisfied with their engagement, according to our latest annual members’ survey. Through Action Groups, members exchanged solutions on private investment, project preparation, mobility, and adaptation finance – ensuring CCFLA remains a vibrant space for collaboration. We also launched a new Urban Adaptation and Resilience Finance workstream, responding to urgent global needs, with members co-shaping priorities for 2025 and beyond.
As we enter our next strategic phase (2025–2030), CCFLA and its members are aligned on three bold objectives: closing the urban adaptation finance gap, particularly in the most vulnerable regions; empowering cities to mobilize public and private finance to implement their climate action plans; and scaling urban climate finance to exceed trillions annually. Together, we will continue building on a decade of momentum to ensure resilient, low-carbon, and healthy futures for urban populations around the world.