Enhancing the Role of National Development Banks in Supporting Climate-Smart Urban Infrastructure

This research paper, developed under the Leadership for Urban Climate investment (LUCI) initiative, examines how National Development Banks (NDBs) can accelerate investment in climate-smart urban infrastructure to avoid unsustainable infrastructure lock-in and enhance city resilience.

• Global urban infrastructure investment needs are estimated at USD 4.1-4.3 trillion annually from 2015 to 2030, with an additional annual premium of USD 0.4-1.1 trillion required to ensure this infrastructure is low-emissions and climate-resilient.
• Implementing technically feasible low-carbon measures in urban areas could reduce emissions by nearly 90% by 2050 and result in net savings of USD 23.9 trillion in Net Present Value (NPV) terms.
• National Development Banks (NDBs) are positioned to lead the shift toward climate-smart urban infrastructure due to their comparative advantages and assets exceeding USD 5 trillion, though this requires strategic adjustments at institutional and financing levels and improved enabling environments for urban institutions.

APA

Climate Policy Initiative (2020). Enhancing the Role of National Development Banks in Supporting Climate-Smart Urban Infrastructure. https://www.climatepolicyinitiative.org/publication/enhancing-the-role-of-national-development-banks-in-supporting-climate-smart-urban-infrastructure/

Chicago

Climate Policy Initiative. Enhancing the Role of National Development Banks in Supporting Climate-Smart Urban Infrastructure. 2020. https://www.climatepolicyinitiative.org/publication/enhancing-the-role-of-national-development-banks-in-supporting-climate-smart-urban-infrastructure/.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=Enhancing the Role of National Development Banks in Supporting Climate-Smart Urban Infrastructure |date=4 August 2020 |url=https://www.climatepolicyinitiative.org/publication/enhancing-the-role-of-national-development-banks-in-supporting-climate-smart-urban-infrastructure/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiative2020enhancing, author = {{Climate Policy Initiative}}, title = {{Enhancing the Role of National Development Banks in Supporting Climate-Smart Urban Infrastructure}}, institution = {Climate Policy Initiative}, year = {2020}, month = aug, url = {https://www.climatepolicyinitiative.org/publication/enhancing-the-role-of-national-development-banks-in-supporting-climate-smart-urban-infrastructure/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }