BANGKOK — Over half of the Asia-Pacific region's population now live in cities. While urbanization brings people closer to opportunities and better services, many urban dwellers are also experiencing the adverse impacts of climate change such as floods, urban heat and infectious diseases.
BANGKOK — Over half of the Asia-Pacific region's population now live in cities. While urbanization brings people closer to opportunities and better services, many urban dwellers are also experiencing the adverse impacts of climate change such as floods, urban heat and infectious diseases. Urban activities are among the major contributors to greenhouse gas emissions.
A recent regulation on carbon pricing allows subnational governments to generate revenue from carbon trading, but effective implementation requires technical guidance and capacity building — a similar issue with thematic global climate funds.Officials from cities participating in an Urban-Act workshop expressed that their cities received limited information about the mechanisms and had limited technical capacity to access the funds.
Urban Climate Finance: Key Insights From Indonesia
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