Assessing Subnational Enabling Framework Conditions for Urban Climate Finance

The 'Assessing Subnational Enabling Framework Conditions for Urban Climate Finance' guide, developed by the Cities Climate Finance Leadership Alliance (CCFLA) and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), provides a tool for subnational governments to evaluate and improve the regulatory, institutional, and financial environments necessary to scale urban climate finance.

• The Subnational Assessment Tool is designed to help subnational government officials and other stakeholders identify strengths and gaps in enabling framework conditions (EFCs) to improve access to climate finance. It is intended to be used alongside a National Assessment Tool to provide a comprehensive view of the enabling environment.
• The assessment tool is structured around 49 dimensions organized into four primary categories: Climate Policy, Budget and Finance, Climate Data, and Vertical and Horizontal Coordination. These categories cover a range of sub-categories including green budgeting, revenue mobilization, and stakeholder engagement.
• The 'Budget and Finance' category specifically evaluates a subnational government's ability to mobilize diverse funding sources, including domestic and international public and private finance, as well as its capacity for creditworthiness, borrowing, and the issuance of municipal or green bonds.
• The tool emphasizes the importance of climate data, assessing whether subnational governments have access to digitalized databases that follow TACCC principles (transparency, accuracy, consistency, comparability, and completeness) and whether they conduct regular urban greenhouse gas (GHG) inventories.
• Coordination is highlighted as a critical EFC, with the tool assessing vertical coordination (between different levels of government) and horizontal coordination (across jurisdictions) to address transboundary risks and identify shared investment opportunities.
• The guide provides real-world examples of strengthened EFCs, such as Mexico City issuing the first municipal green bond in Latin America in 2016 for MXN 1 billion (USD 50 million), and Beijing launching an emissions trading system (ETS) in 2013 covering 50% of the city's total emissions.

APA

Press-Williams, J., & Masale, E. (2024). Assessing Subnational Enabling Framework Conditions for Urban Climate Finance. Climate Policy Initiative. https://www.climatepolicyinitiative.org/wp-content/uploads/2024/08/Subnational-Assessment-tool.pdf

Chicago

Press-Williams, Jessie, and Eyerusalem Masale. Assessing Subnational Enabling Framework Conditions for Urban Climate Finance. Climate Policy Initiative, 2024. https://www.climatepolicyinitiative.org/wp-content/uploads/2024/08/Subnational-Assessment-tool.pdf.

Wikipedia

{{cite report |last1=Press-Williams |first1=Jessie |last2=Masale |first2=Eyerusalem |title=Assessing Subnational Enabling Framework Conditions for Urban Climate Finance |publisher=Climate Policy Initiative |date=July 2024 |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2024/08/Subnational-Assessment-tool.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{presswilliams2024assessing, author = {Press-Williams, Jessie and Masale, Eyerusalem}, title = {{Assessing Subnational Enabling Framework Conditions for Urban Climate Finance}}, institution = {Climate Policy Initiative}, year = {2024}, month = jul, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2024/08/Subnational-Assessment-tool.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }