As world leaders, climate experts, businesses, and NGOs prepare to gather in Belém, Brazil, for the United Nations’ yearly climate conference, cities have been working to ensure that climate finance makes its way to the municipal level.
In particular, they’ve been pushing for cities to feature in one of the key documents that will set the stage for the conference: the Baku to Belém Roadmap, which is expected to be published on Monday.
It looks like city leaders’ hard work has paid off: Experts told Devex that the roadmap will feature a section on cities, outlining the need for public investment to encourage private investment. It will also call for more direct access to climate funds for cities and request that MDBs help reshape the finance architecture to better integrate cities and subnational bodies.
About the author
Jesse Chase-Lubitz
Jesse Chase-Lubitz covers climate change and multilateral development banks for Devex. She previously worked at Nature Magazine, where she received a Pulitzer grant for an investigation into land reclamation. She has written for outlets such as Al Jazeera, Bloomberg, the Organized Crime and Corruption Reporting Project, and The Japan Times, among others. Jesse holds a master’s degree in Environmental Policy and Regulation from the London School of Economics.
