Gap Fund

GCoM-Gap Fund at the Energy Finance Academy: Enabling Energy Efficiency Solutions for Southeast Asian Cities

Jakarta, Indonesia | 11 July 2024 – The GCoM-Gap Fund partnership joined cities and partners at the Energy Finance Academy in exploring financing opportunities for energy efficiency solutions in the Southeast Asian region. Organized by the C40 Cities Climate Leadership Group, the Energy Finance Academy discussed good practices and challenges in project preparation and implementation … read more

Urban Climate Finance Highlighted at UCLG-MEWA Board Meeting

Karatay, Konya, Türkiye– June 26-27, 2024 - The UCLG-MEWA Executive Bureau Meeting featured a pivotal session on urban climate finance, organized by the Global Covenant of Mayors for Climate & Energy (GCoM) and led by Carolina Mesa, Global City Advisor, and Shaden Al Galaythe, Regional City Advisor. The session, held on the second day of … read more

Smart City Solutions for Climate Change Mitigation

What technology solutions are cities around the globe investing in to support climate mitigation in buildings, transport, and solid waste and how can these be deployed in urban areas in low- and middle-income countries? These questions are explored in a recent technical note titled “Smart City Solutions for Climate Change Mitigation” published by the Gap … read more

Increasing support for resilient, low-carbon urban development

The governments of Germany and Luxembourg announced new funding of €50 million for the City Climate Finance Gap Fund (the Gap Fund), a multi-donor fund implemented by the World Bank and the European Investment Bank (EIB) together with partners. These resources will go to develop low-carbon and climate-resilient urban investments, and will nearly double the Gap Fund’s capitalisation — … read more

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