Subnational Climate Fund is a blended‑finance investment platform focused on mid‑sized, low‑carbon and climate‑resilient infrastructure at the city and regional level in emerging and developing markets. It mobilizes public and private capital to finance projects across sectors such as waste and circular economy, renewable energy, water and sanitation, sustainable mobility, and nature‑based solutions, aiming for measurable environmental and social outcomes aligned with global climate goals.
For the chemicals and materials value chain, the fund is relevant through its support for waste management and recycling infrastructure, including collection, sorting, and recycling technologies that enable circularity for plastics and other materials. These projects seek to reduce greenhouse‑gas emissions, divert waste from the environment, and improve the availability and quality of recycled feedstocks for polymer production. The fund operates alongside a technical assistance facility that helps with project preparation, environmental and social safeguards, and performance monitoring to enhance bankability and impact.
