Cities are at the forefront of the climate crisis. Climate risks are escalating, and climate hazards are becoming more frequent and costly. Cities account for more than 80% of the global GDP and more than half of the world’s population.

The 2021 State of Cities Climate Finance Report examines the current state of urban climate investment, the barriers to reaching the needed investment levels, and the steps to overcoming these challenges.

The first annual publication by the Cities Climate Finance Leadership Alliance which identifies the gap between the current levels of investment in low-emission, climate resilient urban infrastructure and the volumes required to ensure a the world is on track to keep global temperature rise below 2 degrees.