Catalyzing climate finance to support a low-carbon transition

Priscilla Negreiros
Manager of the Cities Climate Finance Alliance at Climate Policy Initiative

Financing climate action is a key condition to achieve the transition towards a low-carbon world, and climate finance stands as a key pillar of the Paris Agreement. It raises multiple debates, involving not only private and public actors but civil society organizations as well.

Despite some progress, today’s climate finance landscape is mostly directed at financing mitigation projects, and largely insufficient to meet our climate objectives. Cities face specific barriers when trying to access climate finance funds. Several innovative finance tools, enhanced by CPI’s Global Innovation Lab for Climate Finance, aim at lifting those obstacles.