To help sub-national governments around the world to develop and communicate low-carbon and climate resilient economic development projects.
The ideal pipeline of clean energy projects is not currently happening, even though intergovernmental bodies, national governments, sub-national governments, NGOs, academics, technology providers, public and private financial partners share the same vision and want concrete action. This is due to a number of factors:
- national and sub-national politicians lack awareness of the long-term political, technical and financial solutions for a sustainable safe, clean economy;
- project developers do not know how to identify, design and communicate the right information to project investors;
- project investors are not sure how low-carbon investments fit into their existing investment instruments and portfolios.
The R20 works towards addressing these factors in order to help build an effective green deal flow at sub-national level. This is made possible by connecting Regions, Technology and Finance to build sustainable low-carbon projects.