Today, project development, particularly at an early stage, is often underfunded although is the most crucial part in project design. Acknowledging the need of a stronger focus on the early stages of project development, and an improved coordination between existing initiatives on a country basis, members of the CCFLA have decided to work collaboratively towards improved coordination between project support initiatives in Mexico.
Over the past two years, FMDV has co-chaired the CCFLA Project Preparation Action Group. Together with ICLEI, FMDV facilites the organization of this high level event.
The event will serve as a unique, localized platform for experts, practitioners, and stakeholders from the public and the private sectors to share their expertise, best practices, and lessons learned on providing support to the development of bankable climate projects at the subnational level.
The Forum, with the participation of local, regional and national government representatives, finance community and city networks will thus be geared towards :
- Improving cooperation and knowledge exchanges between Project Preparation Facilities and initiatives that have and are currently working with local and regional governments in Mexico, with special focus to regional offices and representatives.
- Contributing to a better understanding of local needs for preparing bankable climate resilient and low emission urban climate projects.
- Strengthening a multilevel collaboration and coordination within CCFLA members and international finance community in Mexico.
Over this three-days event, the first day (4th
May) will be opened to the public and will foster a broad overview of the funding sources and financial schemes for urban development and subnational climate project preparation in Mexico. For further detail on the event, please consult the agenda .
The Cities Climate Finance Leadership Alliance (the Alliance) is a multi-level and multi-stakeholder coalition aimed at closing the investment gap for urban subnational climate projects and infrastructure worldwide. Its members represent many of the world’s major public and private financial institutions, governments, international organizations, and city and subnational networks. As such, its members also represent the main market players in city-level climate finance.