The Subnational Government Climate Finance Hub (the Hub) was launched in 2022, in the framework of a joint project between the OECD and the European Commission DG REGIO on "Measuring and Enhancing Subnational Government Finance for Environment and Climate Action in OECD and EU Countries".
Subnational Government Climate Finance Hub
Given the urgency of the climate crisis, it is more important than ever to improve our understanding of the financial role of subnational governments in the net-zero transition, to track the progress regions and cities are making towards achieving the Paris Agreement commitments and other green objectives. It is also critical to identify areas where further action is needed for regions and cities to align their expenditure, investment, and revenues with their climate goals, and to mobilise additional sources of finance.