Financing the cities that will define how humanity lives on Earth.
The Challenge
Cities are responsible for over 70% of global CO₂ emissions, yet most municipalities lack the financial expertise and tools to access capital markets for climate projects. The finance gap for urban climate investment is estimated at $4.5T by 2030.
The EU's 100 Climate-Neutral and Smart Cities Mission aims to have 100 cities achieve net zero by 2030. BwB is embedded in the NetZeroCities consortium, developing Climate Investment Plans and operating the Climate City Capital Hub.
110+ cities are participating in the EU Climate-Neutral Smart Cities Mission. [European Commission, Horizon Europe]
Our Approach
Develop robust Climate Investment Plans for cities assessing their current emissions profile, identifying priority investment areas, and quantifying the capital required to meet climate targets.
Apply BwB's City Finance Framework (CFF) to evaluate project bankability screening against impact, financial efficiency, technological readiness, and city readiness metrics.
Connect cities with institutional investors through the Climate City Capital Hub facilitating deal structuring, investor engagement, and transaction closure at no cost to the city.
Financial Instruments
Helping cities access capital markets through green bond issuances structured with robust frameworks and aligned with ICMA principles.
↳ Investment Banking
Blended finance fund structures that pool public and private capital for climate projects across multiple cities or a single municipality.
↳ Financial Advisory
City-level blended facilities that use concessional capital to de-risk private investment in climate infrastructure.
↳ Investment Banking
Structuring access to carbon markets for city-level initiatives enabling municipalities to generate revenue from emission reduction projects.
↳ Financial Advisory
As part of the NetZeroCities consortium, BwB is supporting Mission cities with Climate Investment Plans. BwB also developed and launched the Climate City Capital Hub an innovative, solutions-driven response to unlocking financing for climate resilience projects across 100+ European cities.
Talk to our Sustainable Urban Finance specialists. BwB works with cities, regional governments, and municipal authorities worldwide.