The State of Cities Climate Finance Report 2021 was launched by Cities Climate Finance Leadership Initiative in partnership with the World Bank.
Major Findings of the Report
Private Investments: Annual private finance in Urban climate finance corresponds to 35% of total finance. It was used primarily for the purchase of private electric vehicles and energy efficiency improvements in residential buildings.
Public Investments: Public sector investment comprises about 22% of total urban climate finance. It invests in sustainable transport and energy efficiency in buildings.
Investment in urban transport represents 53 per cent of total urban climate finance.
Building infrastructure and energy efficiency gets ....
