Local governments push for direct access to climate finance
Inside Climate News reported that city, state, and regional leaders are seeking more direct routes to international climate finance, which is still largely organized through national governments. The report highlights Renca, Chile, where local leaders developed a park that reuses industrial wastewater, and the CHAMP Coalition's work to help local governments build investable project pipelines. OECD data cited in the article show subnational governments carried out 68% of public climate investment in a sample of 32 developed countries in 2023, but the article does not announce a new funding commitment.
Original reporting: Inside Climate News
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