Template-type: ReDIF-Paper 1.0 Author-Name: Luiz de Mello Author-Workplace-Name: Economics Department, OECD Author-Name: Teresa Ter-Minassian Author-Workplace-Name: Fiscal Affairs Department, IMF Title: Subnational Investments in Mitigation and Adaptation to Climate Change: Some Financing and Governance Issues Abstract: This paper explores the role of subnational investments in climate change mitigation and adaptation, emphasizing the importance of subnational entities in driving climate action at the local level. We discuss financing options, including public funds and private sector engagement, as well as governance structures necessary for effective subnational climate action. We also highlight the need for multi-level governance, collaboration, and clear policy frameworks to support subnational entities in implementing climate change initiatives. Length: 44 pages Creation-Date: 2023-12 File-URL: https://icepp.gsu.edu/files/2023/12/paper2324.pdf File-Format: application/pdf Handle: RePEc:ays:ispwps:paper2324