Local governments play an important role in driving climate action across mitigation and adaptation as managers of assets, regulators, mobilisers and catalysts of action, but few cities are undertaking transformative climate adaptation or mitigation actions  . Local actors are providers of infrastructure and services, regulators of zoning, and can be conveners and champions of an integrated approach for mitigation and adaptation at multiple levels . New opportunities in governance and finance can enable cities to pool resources together and aggregate interventions to innovate ways of mobilising urban climate finance at scale . However, research increasingly points toward the difficulties faced during the implementation of climate financing in situ, such as the fragmentation of structures of governance capable of managing large investments effectively .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report