Unturning the Stones

Exploring Climate Finance for Asian Cities


The virtual dialogue event “Unturning the stones – Exploring Climate Finance for Asian Cities” was held on the Connective Cities platform from the 28th to the 30th of September 2021. It was jointly hosted by Connective Cities and TURBOCLIC (Transformation – Urban Opportunities – Climate Change), an initiative from GIZ’s sector networks TUEWAS (Transport Environment Energy and Water in Asia) and SNGA (Governance Asia).

The active participants consisted of 25 urban practitioners and experts from 6 countries (Nepal, Indonesia, India, Bangladesh, Philippines and Germany) working in the sectors financing, public works / infrastructure, greening and planning departments. They were united by the fact that all of them are working at the forefront of climate change mitigation and adaptation measures in their cities. In order to implement green and sustainable solutions that leapfrog current unsustainable patterns, it is essential to develop innovative and efficient financing approaches to build climate resilient and low-carbon cities.

The participating cities


Day 1 started with a keynote presentation and an insight presentation, followed by the Marketplace sessions during which several participating cities presented and discussed their projects. At the end of the day, the topics for the World Café sessions were selected. 

On Day 2, experts from project funding facilities provided their feedback and insights into the challenges associated with the process of acquiring funds for climate-related projects as well as recommendations on how to tackle them. During the World Café sessions, the participants were divided into three groups: working towards a bankable project proposal, enhancing the sustainability of projects through engagement of stakeholders and developing a cohesive project idea overcoming the lack of data. At the end of the day, the participants’ reflected on the day’s events. 

Day 3 started with a short presentation by Connective Cities followed by the Planning Action sessions. During these sessions, two groups were created and each addressed one topic in depth — the Loss of Green Urban Spaces (Coimbatore, India) and Challenges associated with Solid Waste Management (Kendari, Indonesia and Dhangadhi, Nepal).  A final reflection and evaluation took place in the last session.

AGENDA [pdf,  1,9 mb, 10 pp.]


Kristiina Yang and Laura Jungman from Cities Climate Finance Leadership Alliance (CCFLA) provided an overview of urban climate finance and set out the key findings from the State of Cities Climate Finance Report

The financial assessment presented during the insight presentation by Ravikumar Kamuthu was undertaken as a part of the Climate Smart Cities project in Coimbatore.

Vanessa Bauer, project manager at the City Climate Gap Fund, Nils Huhn, program manager presented at FELICITY (Financing Energy and Low-Carbon Investment), Neil Chadder, program manager at CDIA (Cities Development Initiative for Asia) and Ingrid Simon, program director at the C40 / Cities Finance Facility, also presented their approach and activities, accompanied by a panel discussion on challenges, lessons learnt and recommendations for cities.


An Overview of the State of Cities Climate Finance
Kristiina Yang und Laura Jungma

Financial Assessmanent of CCMC Budget in Line with CSAF
Ravikumar Kamuthu

Cities Development Intitiative for Asia - CDIA
Neil Chadder

C40 Citites Finance Facility
Ingrid Simon

FELICITY - Financing Energy for Low-carbon Investment – Cities Advisory Facility
Nils Huhn

The City Climate Finance Gap
Vanessa Bauer


This three-day-long virtual dialogue event on financing for climate-related projects provided many opportunities for a fruitful exchange between the participating cities and experts, allowing for both the exchange of industry-based knowledge as well as peer-based learning. As a common thread, the following points were consistently stressed throughout the course of the sessions: 

  • Project proposals must convey a compelling story that details their current situation, their developmental needs and their goals; 
  • The need to improve the “bankability” of projects by addressing the financing needs and interests of funding organizations; 
  • Through the inclusion of all stakeholders throughout the planning, execution and maintenance of projects, their sustainability can be enhanced. In some cases, it is necessary to bring all the stakeholders together in a common forum to promote interaction and a useful flow of information; 
  • Detailed data is required at all levels to achieve an appropriate solution (and funding proposal). When this data is not available from government sources, alternative sources must be approached; and 
  • Both behavioral change among the general public and institutional change within governance are crucial to the success of projects. 


Unturning the Stones – Exploring Climate Finance for Asian Cities
Resources Overview
Download [pdf, 16 pp., 1,7 mb]

Unturning the Stones – Exploring Climate Finance for Asian Cities
Event Documentation
Download [pdf, 36 pp., 8,26 mb]

Unturning the Stones - Exploring Climate Finance for Asian Cities – Event impressions / short movie
Watch video at Youtube: https://www.youtube.com/watch?v=edjBL2qn1VA


Categories: City networks / Urban Diplomacy Good Urban Governance Urban budget and municipal finances Integrated urban development Energy efficiency and renewable energy Sustainable mobility Cities and climate change Municipal services Solid waste management and recycling
Regions: Asia India Indonesia Nepal The Philippines Germany

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