A JOINT REPORT OF THE WORLD BANK AND THE UN CAPITAL DEVELOPMENT FUNDLocal GovernmentsClimate FinancenstrumentsGlobal Experiences2024and Prospects inDeveloping CountriesImpactWORLD BANK GROUPUNCapitalUrban,Disaster Risk Management,Resilience LandforCDFDevelopmentPublished in 2024 by The World Bank and the United Nations Capital Development Fund.The designations employed and the presentation of material throughout this publicationdo not imply the expression of any opinion whatsoever on the part of UNCDFor TheWorld Bank concerning the legal status of any country,territory,city or area or of itsauthorities,or concerning the delimitation of its frontiers or boundaries.The World Bank and UNCDF do not guarantee the accuracy,completeness,or currency of the data includedin this work and do not assume responsibility for any errors,omission,or discrepancies in the information,orliability with respect to the use of or failure to use the in formation,methods,processes,or conclusions set forth.This publication is a product of the staff of The World Bank and UNCDF with externalcontributions.The ideas and opinions expressed in this publication are those of the authors;they are not necessarily those of UNCDF or The World Bank,its Board of Executive Directors,or the governments they represent,and do not commit these OrganizationsRights and Permissions:The material in this work is subject to copyright.Because The WorldBankencourages dissemination of its knowledge,this work may be reproduced,in whole orin part,for noncommercial purposes as long as full attribution to this work is given.