The Global Covenant of Mayors for Climate and Energy (GCoM) and the City Climate Finance Gap Fund (Gap Fund) partnership team will be actively participating in the ICLEI World Congress 2024 (ICLEI WC) in São Paulo from June 18-21. This year, the ICLEI WC will be centred on the challenges of transforming commitments into action, … read more
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
Last week in Brussels, teams from the Global Covenant of Mayors (GCoM) and the City Climate Finance Gap Fund came together for a 3-day strategy retreat – a pivotal gathering aimed at accelerating climate action in cities worldwide. Before that, and recognizing the importance of collaboration and alignment, the GCoM Gap Fund team organized a … read more
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
Washington/ Luxembourg, 23 September 2021 – The City Climate Finance Gap Fund (the Gap Fund) has approved technical assistance for 33 cities across the developing world since its operational launch in September 2020, filling a critical gap in technical assistance funding to help cities turn their climate ambitions into finance-ready projects. Marking its one-year operational launch anniversary today, … read more