Webinar Series
Climate-Compatible Financial Systems at Subnational Level
The webinar series is organized by FMDV – Global Fund for Cities Development and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH under the Partnering for Readiness (PfR) project, which supports partner countries in accessing and implementing international climate finance through knowledge sharing, peer exchange, and targeted capacity-building.
The series comprises four webinars in 2026 and aims to strengthen the capacities of key actors in climate-compatible finance, foster peer learning across the financing value chain, and increase the visibility and engagement of financial intermediaries and other often-overlooked institutions.
Organized by:
UPCOMING WEBINAR
UPCOMING WEBINAR
Webinar 01
Aligning Subnational Financing Systems with National Climate Goals
March 31st, 2026
3:00 — 4:30 PM (UTC+2)
Online with interpretation in English, French, Spanish, and Portuguese.
Achieving the objectives of the Paris Agreement depends on countries’ ability to translate national climate commitments into concrete investments at the local level. While NDCs, NAPs and long-term strategies set national directions, a large share of mitigation and adaptation is implemented by subnational governments, which are typically responsible for (at least part of) local infrastructure investments. Yet a persistent misalignment remains between national ambition and the financing systems that support local implementation, as climate finance often remains centralised while responsibilities are decentralised. This results in limited access to funding, weak project pipelines, institutional fragmentation and insufficient integration of climate into public financial management at the subnational level.
Closing this gap requires more than scaling up finance; it requires building climate-compatible financial systems that align national and subnational policies, fiscal frameworks and investment mechanisms. Such alignment depends on coherence across mandates, incentives, financial instruments and reporting systems, as well as stronger roles for financial intermediaries that can translate national priorities into bankable local investments.
The first webinar aims to:
Provide a clear conceptual framework to understand and promote alignment between subnational and national financing systems in developing a climate-compatible financial system.
Identify institutional, regulatory and operational barriers that prevent climate-compatible finance at the subnational level.
Showcase real-world experiences from Latin America and Africa where national and subnational actors, alongside financial intermediaries and cooperatives, have successfully aligned mandates, incentives and financing mechanisms.
Target audience: subnational development banks and public financial institutions; subnational governments; national policymakers; development partners and climate funds; technical assistance providers, NGOs, academia and think tanks.
