Climate Finance in the Urban Context

Cities and the people who live in them account for more than 80 percent of the world's total greenhouse gas emissions. In addition, more than 80 percent of the overall annual global costs of adaptation to climate change are estimated to be bor...

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Bibliographic Details
Main Author: Huhtala, Ari
Format: Policy Note
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
AIR
BUS
CAR
CO
GHG
LLC
MDB
TAX
Online Access:http://documents.worldbank.org/curated/en/2010/11/13144815/climate-finance-urban-context
http://hdl.handle.net/10986/19469
Description
Summary:Cities and the people who live in them account for more than 80 percent of the world's total greenhouse gas emissions. In addition, more than 80 percent of the overall annual global costs of adaptation to climate change are estimated to be borne by urban areas. This issues brief looks at potential financing opportunities and costs of mitigation and adaptation in the urban context. Wide-ranging potential sources for finance for climate action are described, and suggestions are made for more effective responses to climate investment challenges in cities.