Presidencies, Parties, colleagues,
I am representing the local and subnational governments at the heart of the LGMA constituency, we welcome the Belém Mission to 1.5 and are happy to contribute towards the consultation.
We want to start by sharing that 70 to 80% of the actions needed to deliver 1.5 are actually implemented at the subnational level and the urgency is felt most at the local level. Therefore, the highest-impact action area to support NDCs and NAPs is the institutionalization of multilevel climate action that empowers actions at all levels of government.
Overcoming Financial Barriers and Priority Solutions The most significant barrier to implementation is not a lack of local ambition, but a structural bottleneck in finance flow. To unlock this, we propose three priority solutions:
We propose a ’30by30′ Benchmark: Parties must commit to ensuring at least 30% of climate finance effectively reaches local and regional implementation by 2030.
We ask for empowerment of local intermediaries: We must fund local project preparation ecosystems and utilize national and subnational public development banks to lend in local currencies and de-risk portfolios.
We also ask for strengthening of International Cooperation and Governance through a systematic, solutions-oriented joint space for national and subnational leaders to co-design policy, share best practices, and collectively dismantle implementation blockers.
Furthermore, institutionalizing subnational representation within the governance of the new Just Transition Mechanism and the Fund for Responding to Loss and Damage will ground these approaches in the lived reality of our communities.
Let’s build an architecture that delivers in every region and we also thank Chile for raising these points as well.
Thank you.
