C40 Cities Finance Facility
C40 Cities Climate Leadership Group (C40) and the German Federal Ministry for Economic Cooperation and Development (BMZ)
The ultimate objective of the CFF is to reduce GHG emissions and increase climate resilience in cities by mobilising financing for city-level climate change action. The CFF advances the implementation of the Paris Agreement, the New Urban Agenda, and the Addis Ababa Action Agenda. It also contributes to the 2030 Agenda for Sustainable Development, in particular Goal 11, by promoting sustainable, resilient and inclusive urban development.
5.7 million USD. It is expected to ultimately reach as much as $20 million in technical assistance for cities, unlocking up to $1 billion worth of green projects worldwide within four years.
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and C40.
The Chair is the elected leader of the organisation. A strong advocate for the role of cities in addressing climate change, the Chair brings both expertise and resources to bear on the work of the C40 organisation, strengthening the network of cities in pursuit of its common goals. The Chairmanship is a rotating position. C40 mayors serve in rotation on the steering committee, which provides C40 with its strategic direction and governance.