Technical expertise to develop finance solutions for green urban projects
Resilience Brokers are providing technical expertise to Climate-KIC and South Pole Group’s City Finance Lab (CFL). CFL is Europe’s first dedicated platform to help develop innovative finance solutions for green urban projects. Such innovative solutions are needed to address the estimated $1.1 trillion funding gap required to ensure that the future urban infrastructure essential to meet growing needs is low-emission and climate resilient.
For a CFL in 2019, we helped Kommunalbanken Norway (KBN), the second largest bank in Norway, to create a self-assessment tool for local governments, empowering them to make informed decisions about long-term investments, aligning to Norway’s national climate targets. This tool has been published and available on the klimarisiko.kommunalbanken.no/ website (in Norwegian).
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