To increase climate finance streams, CDP and ICLEI, together with South Pole and Gold Standard, seek to develop a service to connect private investors and national/regional/international public finance institutions with urban mitigation projects.
In 2016, Matchmaker will actively connect cities and investors via a matchmaking service, and design a business model that will enable the service to achieve significant scale and impact. By harnessing existing data flows the service will become the go-to place for city projects to be pre-assessed, categorised and selected for financing agencies.
- Create a marketplace for urban mitigation projects using data from CDP, Transformative Actions Program and other (LoCaL) partners to source projects.
- Connect cities and investors through one-to-one consultations and international workshops and facilitate much-needed discussions on financing urban mitigation projects, including harder-to-finance projects.
- Develop financial feasibility and sustainability criteria with guidance for project assessment.
- Educate investors on city climate mitigation and encourage them to take a systematic approach to urban finance in alignment with the Sustainable Development Goals.