As cities step up to deliver on net-zero commitments, this new publication by the Urban Transitions Mission (UTM), “Blending finance for net-zero, resilient and inclusive cities,” outlines how blended finance can unlock the trillions needed for urban climate transitions. Drawing on global case studies and the UTM city cohort, it highlights the financing needs and structural barriers cities face, showcases emerging blended finance models, and underscores the critical role of national governments in policy alignment, co-financing, and risk-sharing. With 2025 marking a key milestone for Mission Innovation and the Paris Agreement, the report offers a practical roadmap for empowering cities as drivers of the global energy transition.
