The 2024 Global Snapshot, developed in partnership with the Global Covenant of Mayors for Climate and Energy (GCoM), reveals that 611 cities across 75 countries have disclosed 2,508 climate-related projects through CDP-ICLEI Track in 2024, with a total investment requirement of $86bn. According to CDP, demand for climate finance in cities is increasing year-on-year as reported investment needs surged by 23 per cent in 2024. However, this remains only a fraction of the $800bn in annual public investment from national governments and development finance institutions required by 2030, as highlighted…
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