The Urban Transitions Mission and Google have released a timely publication, Data & Insights to Accelerate Impact Finance and De-risk Investments in Cities. These exciting guidelines tackle the pressing urban climate finance challenge, offering innovative approaches to help cities leverage climate data and insights to help secure funding while reducing investment risks.
This publication explores how to accelerate climate action and investments in urban climate and infrastructure projects combining deep insights from Google’s Environmental Insights Explorer (EIE) with urban climate strategies to drive impactful, sustainable city development.
The publication explores how Google EIE’s insights can help inform climate finance strategies by utilizing data on rooftop solar potential, tree canopy cover, and transportation insights. These insights can help forecast CO2 reductions and economic benefits of new infrastructure projects, guiding more effective investments. A core focus is on disclosing key information to de-risk investments, ensuring both public and private sectors make well-informed decisions.
Scenario analysis plays a vital role in strengthening project outcomes. Through tools provided by Google EIE, cities can better assess and model risks related to transportation, energy, and green infrastructure, informing strategic investment in renewable energy and efficiency targets, or enhancing Land Value Capture (LVC).
