The project aims to improve access to climate finance for transport projects in low and middle-income countries (LMICs). Climate finance refers to local, national or transnational financing—drawn from public, private and alternative sources of financing—that seeks to support mitigation and adaptation actions that will address climate change.
To achieve this, the project will conduct research and determine the scale of finance available for transport projects by drawing on a number of databases and analysis, identify key barriers and lessons learned to accessing climate finance.
In addition, it will engage on a variety of levels with stakeholders from the international to the local level to develop actionable, evidence-based recommendations for improving climate access. In Kenya, India and Vietnam, it will facilitate convenings, build the capacity and enable dialogues between governments, climate finance providers, private sector actors and civil society organizations.