A majority of the global population is set to live in urban areas. This puts city and local authorities at the forefront of implementing the changes and actions necessary for transitioning towards a sustainable local future in line with the Paris Agreement. With the global COVID-19 pandemic further exacerbating social and economic challenges, realising this transition and accelerating climate action hinges on the ability of local authorities and stakeholders to identify and channel available funding opportunities by designing bankable projects.

This session will invite the audience to explore solutions for bridging the climate action finance gap via more effective multi-level governance, peer-learning and sustainable development and financing strategies developed by cities from Africa, Asia and Europe taking part in the DG INTPA funded Urban-LEDS II project.