Financing Localization of SDGs through Integrating Local Financing Frameworks and Instruments (Local2030 Coalition)

This ONE UN event, convened by Local2030 Coalition’s Working Group 2 - Financing the Localization of the SDGs, will showcase the group’s and its members work supporting local and regional governments to adopt Integrated Local Financing Frameworks and Instruments to accelerate the localisation of finance for the SDGs. Building on the Sevilla Commitment and Platform for Action (SPA) initiative “Localizing Finance To Drive Systemic Impact For The Achievement Of The 2030 Agenda”, the session will explore progress with the adoption of ILFFs and financial instruments and its impact. ILFFs, Local Financial Instruments and innovative methodologies to strengthen local financing pipelines are being, adopted, and scaled up by and for city and regional governments. These instruments include common frameworks to connect local development plans to climate resilient mechanisms in key sectors (ie. housing, urban risk management, mobility, foodwaste and production) and aggregation mechanisms for subnational actors to attract market-based funding. These instruments are crucial to connect public and private finance, moving beyond fragmented, project-based approaches. The event will present concrete country experiences where integrated financing approaches are already underway and demonstrate how WG2 provides a coordinated space for UN entities – UNDP, UNEP, UNICEF and UN Habitat – and partners to align their respective mandates, instruments and tools around a shared financing logic. It will introduce the WG2 2026 roadmap, which focuses on six countries as learning and action laboratories, and a National to Local in-country workshop. The event will deliver precise levers of action to act upon the priorities highlighted by the “Local Finance is Development Finance” technical brief published by Working Group 2 .