What is the focus of the 'C40 Cities Financing Facility'?

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The 'C40 Cities Financing Facility' focuses on providing financial support specifically for climate-related projects within member cities. This initiative aims to bridge the funding gap that often exists for urban climate initiatives, enabling cities to implement projects that reduce greenhouse gas emissions and enhance climate resilience. By offering financial resources, the facility empowers local governments to move forward with ambitious climate actions, ensuring that they can finance the infrastructure and programs necessary to tackle climate challenges effectively.

Other options, while relevant to urban development and climate change, do not encapsulate the primary mission of this facility. For instance, while technical support for urban planning, establishing policies, or promoting awareness are significant facets of climate strategy, the central goal of this specific facility is to facilitate the financial means required for cities to execute their climate projects successfully.

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