Course Modules:

Module 1: Overview of Climate-Resilient Urban Development Finance

• Financing needs for resilient infrastructure
• Urban resilience within climate finance architecture
• UNFCCC mechanisms and COP commitments
  Case Study: Adaptation Fund projects in African cities
  Exercise: Map existing climate finance flows to a selected city

Module 2: National and International Climate Finance Sources

• Green Climate Fund, Global Environment Facility, Adaptation Fund
• Access modalities for cities and sub-national entities
• Country climate finance readiness and accreditation
  Workshop: Draft a climate finance proposal for GCF
  Case Study: Rwanda’s access to GCF via FONERWA

Module 3: Green Bonds and Innovative Financial Instruments

• Structure and issuance of green bonds
• Blended finance and public-private instruments
• Role of Development Finance Institutions (DFIs)
  Exercise: Design a green bond framework for an urban water project
  Case Study: Johannesburg’s green municipal bond issuance

Module 4: Public-Private Partnerships (PPPs) for Resilient Infrastructure

• Structuring PPP contracts with resilience clauses
• Regulatory and legal enabling environments
• Risk-sharing models and stakeholder roles
  Workshop: Develop a PPP structure for a flood management project
  Case Study: Lagos’ Lekki Toll Road Project under PPP

Module 5: Local Revenue Generation and Budget Alignment

• Enhancing local government fiscal space
• Land value capture and resilience taxes/fees
• Integrating climate considerations into city budgeting
  Exercise: Prepare a climate-sensitive municipal budget
  Case Study: Barcelona’s climate-responsive budgeting initiative

Module 6: Project Preparation and Investment Readiness

• Identifying investment-ready resilience projects
• Financial modeling and feasibility analysis
• Use of project preparation facilities (e.g., PIDG, CIFF)
  Workshop: Build a mini business case for a climate-resilient housing project
  Case Study: Kenya’s KISIP urban resilience component

Module 7: Monitoring, Reporting, and Verification (MRV) of Finance

• MRV systems for climate finance tracking
• Reporting standards and impact indicators
• Accountability and transparency mechanisms
  Exercise: Design an MRV framework for a resilience project
  Case Study: MRV in Bangladesh’s Local Climate Adaptation Fund

Module 8: Scaling Private Sector Engagement in Urban Resilience

• Unlocking private investment in adaptation
• De-risking strategies and credit enhancement
• ESG integration and climate disclosure
  Workshop: Engage a mock investor pitch for a resilient transport project
  Case Study: Asian Development Bank’s PPP support in Southeast Asia

Module 9: Financing Nature-Based Urban Solutions

• Valuation and co-benefits of green infrastructure
• Ecosystem services in urban financial planning
• Grants and markets for nature-based solutions
  Exercise: Budget a nature-based solution for stormwater management
  Case Study: Singapore’s ABC Waters Programme financing

Module 10: Building Sustainable Urban Financial Systems

• Institutional strengthening and urban finance governance
• Resilience into medium-term expenditure frameworks (MTEFs)
• Financing strategy development for city resilience planning
  Workshop: Draft a climate finance strategy for a selected city
  Case Study: Mexico City’s long-term financing framework