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LoCS4A Virtual Congress
This text is taken from LoCS4A.
“This year’s Local Climate Solutions for Africa (LoCS4Africa) theme, Financing for Change, aims to respond to the growing acknowledgement worldwide that, to tackle climate change, city-scale finance must be mobilised. Local finance will give subnational actors access to the resources they need to respond effectively to climate change impacts that manifest at the local level, and harness the emission reduction potential in cities.
All levels of government are essential in unlocking funding for local action. Mobilising finance cannot occur without effective multi-level governance. In particular, national government plays a vital role in creating an enabling environment for cities to access climate finance. Similarly the private sector has a vital role to play in working with government to harness private and public expertise, innovations and resources.
When all relevant partners work together to unlock finance where it is needed most, implementing local, national and international climate change commitments is possible. We must increase the ambition of current climate change commitments if we are to keep global warming below 2°C, a threshold scientists have warned that, if crossed, would result in unprecedented impacts.”
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