Experts to Address Urban Climate Finance at the 5th Finance in Common Summit

January 31, 2025 - 21:35

CPI experts are set to engage in multiple discussions at the upcoming 5th Finance in Common Summit (FiCS), which will be co-hosted by the Development Bank of Southern Africa and the Asian Infrastructure Investment Bank. This significant event aims to tackle pressing financial challenges related to climate change and sustainable development.

One of the highlighted sessions, titled "Addressing the Urban Climate Finance Gap: Partnering for Change," will take place on February 26 from 2:00 PM to 3:30 PM SAST. This session will focus on the critical need for enhanced collaboration between cities and local governments globally to mobilize funding for climate initiatives. With urban areas being at the forefront of climate impacts, the discussion will explore innovative financing mechanisms and partnerships that can bridge the existing funding gaps.

The summit promises to be a pivotal platform for stakeholders to share insights, strategies, and best practices in financing sustainable urban development, ultimately contributing to a more resilient future for cities around the world.